Dow Falls 101 in 2010's Worst Day
Intel, JP Morgan earnings, though positive, stoke worry
By Nick McMaster,  Newser Staff
Posted Jan 15, 2010 3:22 PM CST
In this Sept. 17, 2007 file photo, New York Stock Exchange signs top trading posts on the floor of the NYSE.   (AP Photo/Richard Drew, file)
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(Newser) – Stocks started the day with losses and failed to recover, with financials leading the slide. JPMorgan Chase dragged down the sector thanks to its quarterly report, which showed strong earnings but hinted at continued weakness in consumer loans, the Wall Street Journal reports.

  • The Dow fell 100.90 points to close at 10,609.65.
  • The Nasdaq lost 28.76, settling at 2,287.99.
  • The S&P 500 dropped 12.43, closing at 1,136.03.

 

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