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Tech leads Wall Street lower as earnings season starts

MARKETS-USA-STOCKS:Tech leads Wall Street lower as earnings season starts

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Reuters NEW YORK
Last Updated : Jan 25 2013 | 5:33 AM IST

U.S. stocks fell on Tuesday, led by losses in technology after brokerage downgrades of Intel and other major companies as worries increased about third-quarter U.S. earnings.

The Dow Jones industrial average fell 110.20 points, or 0.81 percent, to end unofficially at 13,473.45. The Standard & Poor's 500 Index slid 14.40 points, or 0.99 percent, to finish unofficially at 1,441.48. The Nasdaq Composite Index dropped 47.33 points, or 1.52 percent, to close unofficially at 3,065.02.

 

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First Published: Oct 10 2012 | 1:51 AM IST

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