Wall Street Falls On Bank Jitters
By: Import User
Updated: April 28, 2009
(New York, NY) -- Stocks on Wall Street fell one-percent at Tuesday's opening, fueled by a report that Bank of America and Citigroup may need more capital.
The Dow Jones industrial average dropped nearly 72 points to 79-53, while the Standard & Poor's 500 Index fell just under nine points to 848-61.
The Nasdaq Composite Index lost 14 points to 16-64.
The market also fell on worries over the economic impact of a flu pandemic, as New Zealand and Israel confirmed cases of swine flu.
They're the latest countries to be hit by a new strain that has killed up to 149 people in Mexico.
(Copyright 2009 by Newsroom Solutions)
