Dow Drops 37 After Weak Alcoa Report
China tightens economic policy, raising investors' anxiety
By Nick McMaster,  Newser Staff
Posted Jan 12, 2010 3:20 PM CST
Traders Richard Cohen, left, Brittany Wayne and Peter Tuchman work on the floor of the New York Stock Exchange Monday, Jan. 11, 2010.   (AP Photo/Richard Drew)
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(Newser) – Stocks fell today as Alcoa's $277 million loss sounded a sour note for the beginning of the earnings season, the Wall Street Journal reports.

  • The Dow fell 37 points to close at 10,627.
  • The Nasdaq lost 30 points, closing at 2,282.
  • The S&P 500 dropped 11 points to settle at 1,136.

 

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