Tuesday 11 November 2008

Wall St opens lower on economic anxiety

U.S. stocks tumbled on Tuesday, pulled lower by concerns that the global economic downturn is worsening.

The Dow Jones industrial average fell 148.86 points, or 1.68 percent, to 8,721.68. The Standard & Poor's 500 Index lost 14.15 points, or 1.54 percent, to 905.06. The Nasdaq Composite Index was down 22.29 points, or 1.38 percent, at 1,594.45.

Source: Reuters

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