Don’t miss the latest developments in business and finance.

Wall St slips on caution over earnings season

Image
Reuters NEW YORK
Last Updated : Jan 13 2014 | 8:27 PM IST

NEW YORK (Reuters) - U.S. stocks slipped at the open on Monday as investors braced for a quarterly earnings season that picks up steam this week and which has raised some red flags about valuations.

The Dow Jones industrial average fell 26.84 points or 0.16 percent, to 16,410.21, the S&P 500 lost 3.03 points or 0.16 percent, to 1,839.34 and the Nasdaq Composite dropped 5.915 points or 0.14 percent, to 4,168.75.

(Reporting by Angela Moon; Editing by Bernadette Baum)

More From This Section

First Published: Jan 13 2014 | 8:19 PM IST

Next Story