Wall Street ends lower on profit fears

by Blog Burger on July 10, 2012

Barclay's specialist trader Pistillo gives a opening price to traders on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Wall Street fell for a fourth day on Tuesday as more pessimism from companies compounded worries that the sluggish global economy is taking its toll on profit growth. The Dow Jones industrial average slid 83.17 points, or 0.65 percent, to end unofficially at 12,653.12. The Standard & Poor's 500 Index fell 10.99 points, or 0.81 percent, to finish unofficially at 1,341.47. The Nasdaq Composite Index lost 29.44 points, or 1.00 percent, to close unofficially at 2,902.33. (Reporting by Ryan Vlastelica; Editing by Jan Paschal)

Business News Headlines – Yahoo! News

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