National News

Jan 29, 2014 10:01 AM by Associated Press

US stocks slide as emerging market worries return

NEW YORK (AP) - Stocks are lower in early trading as weak earnings from several U.S. companies dented investors' confidence.

Worries about emerging markets were also coming back after relief faded over an effort by Turkey to shore up its struggling currency.

The Dow Jones industrial average fell 129 points, or 0.8 percent, to 15,798 points in the first few minutes of trading Wednesday.

The Standard & Poor's 500 index declined 11 points, or 0.6 percent, to 1,781. The Nasdaq composite fell 26 points, or 0.6 percent, to 4,071.

Yahoo fell 8 percent, the most the in S&P 500, after reporting a drop in revenue late Tuesday that disappointed investors.

Boeing and AT&T also fell after reporting their results.

Later Wednesday the Fed will conclude a two-day policy meeting.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)



Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at, and include the name of the story and information on the comment.

Thank you!

Most Popular

Top Videos

1 2 3 4