Weak Outlooks Doom Dow to Worst Day in 4 Months

Date: Oct 24 2012

Filed under: Netflix, Facebook, UPS, 3M, DuPont, Market News

DuPont paint* Dow off 1.8 pct, S&P off 1.4 pct, Nasdaq off 0.9 pct

* DuPont drops sharply on results, UTX modestly lower

* Apple pares losses after new iPad launch

* About 63 percent of S&P companies miss revenue expectations

By Caroline Valetkevitch

NEW YORK, Oct 23 (Reuters) – U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.

This earnings season has…

Weak Outlooks Doom Dow to Worst Day in 4 Months originally appeared on DailyFinance.com on 2012-10-23T16:40:00Z.

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