Wall Street down as bank rescue is delayed

NEW YORK - Stocks opened lower on Monday as a delay in the announcement of the Obama administration's bank rescue plan disappointed investors and another wave of poor earnings showed more economic upheaval.

By (Reuters)

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Published: Mon 9 Feb 2009, 9:27 PM

Last updated: Thu 2 Apr 2015, 3:54 AM

An $827 billion U.S. economic stimulus package could face another day of political wrangling before a Senate vote on the measure on Tuesday.

The Dow Jones industrial average (.DJI) fell 30.43 points, or 0.37 percent, to 8,250.16. The Standard & Poor's 500 Index (.SPX) shed 1.84 points, or 0.21 percent, to 866.76. The Nasdaq Composite Index (.IXIC) lost 5.57 points, or 0.35 percent, to 1,586.14.


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