New York: U.S. stocks slid at the open on Wednesday as investors worried that efforts to ease the credit crisis would not avert a recession, overshadowing solid profits from Coca-Cola Co, a bellwether for consumer spending.
The Dow Jones industrial average gave up 161.76 points, or 1.74 percent, at 9,149.23. The Standard & Poor's 500 Index fell 21.32 points, or 2.14 percent, to 976.69. The Nasdaq Composite Index lost 24.83 points, or 1.40 percent, to 1,754.18.
Wednesday, October 15, 2008
Recession worry pulls Wall Street lower at open
Posted by Mariadas at 8:39 AM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment