Stocks Follow Europe Down

Dow dives 110 on heels of big declines overseas
By Kevin Spak,  Newser Staff
Posted Feb 2, 2009 8:49 AM CST
Traders work on the floor of the New York Stock Exchange Wednesday, Jan. 28, 2009.   (AP Photo/Richard Drew)
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(Newser) – US stocks fell at today’s open, tracking big declines overseas, the Wall Street Journal reports. The Dow was off 110 points, while the S&P and Nasdaq fell 1.2% and 0.9% respectively. Among the big losers were Bank of America, down 7%, and Citigroup, down 6.5%, as investors looked for more clarity on a federal “bad bank” plan.