<< Read Full Article

Wall Street Winces Ahead of Alcoa's Earnings

Stock quotes in this article: AA , C , HOG , MS , UBS , ^DJI , ^GSPC  

Updated from 2:33 p.m. EST

Stocks in New York continued to falter Monday with financials leading the descent, as investors awaited for the first fourth-quarter earnings report.

Price declines in commodities continued, while the major equity indices traded further downward into the close. Led by declines in Citigroup (C Quote) and Bank of America (BAC Quote), the Dow Jones Industrial Average was losing 142 points at 8457. The S&P 500 was off by 22 points at 869, and the Nasdaq was down 39 points at 1533.

"I put aside some of my free market principles when I was told that the situation we were facing could be worse than the Great Depression," President Bush said in his last formal press conference as commander in chief Monday morning. The president, reflecting on difficult decisions of late, talked about his disappointments and what lies ahead for the president elect. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,094.32 2,147.49 32.29
Oil *
77.09
DOWN
135.51
DOWN
16.31
DOWN
28.56
DOWN
0.50
10 Yr
3.23%
SPDR Gold
115.59
-1.30%
-1.47%
-1.31%
-1.52%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services