Wall Street slips; Dow down 108 points

In US market, stocks closed lower yesterday on account of a warning from Goldman Sachs that banks may need to raise another $ 65 billion to tide over the credit crisis. The news rippled through the market, offsetting any positive impact from Goldman's earnings. Housing starts and industrial production numbers also came in lower further dampening market sentiment

The Dow plunged 108.78 pints, or 0.89%, to 12,160.30. The Standard & Poor's 500 index declined 9.21 points, or 0.68%, to 1,350.93, while the Nasdaq composite index lost 17.05 points, or 0.69%, to 2,457.

A look at how the Indian ADRs performed: