US STOCKS-Wall St drops on earnings; S&P 500 testing support – Reuters
 CBC.ca |
US STOCKS-Wall St drops on earnings; S&P 500 testing support
Reuters McDonald's lower quarterly profit misses estimate. * GE profit meets forecasts, revenue shy of estimates. * U.S. existing home sales fall as inventories drop. * Dow off 1.4 pct, S&P 500 off 1.6 pct, Nasdaq off 2.1 pct. By Chuck Mikolajczak. NEW YORK … This Is the Reason the S&P 500 Had Its Worst Day in Four Months Wall Street Pummeled in Steepest Rout Since June Dow down 205.43 on '87 crash anniversary |
