US markets dropped as a worsening outlook for companies from Goldman Sachs to Google overshadowed China's $ 586 billion stimulus plan and pledges by the world's biggest nations to bolster economic growth.

Goldman Sachs fell 8.5% after Barclays said the stock- market rout may drag the firm to its first quarterly loss since going public. General Motors which said last week it may run out of cash, lost almost a quarter of its value after deutsche bank said the automaker's shares may go to zero. Major electronic retailer Circuit City, files for bankruptcy protection. US Government reworks bailout plan for AIG and the new plan will cost $ 150 billion.

Google, the biggest seller of online ads, sank to a three- year low on concerns that the fourth-quarter revenue growth will stall.

The Dow plunged 73.27 points, or 0.82%, to 8,870.54. The S&P 500 index declined 11.78 points, or 1.27%, to 919.21, and the Nasdaq composite index dropped 30.66 points, or 1.86%, to 1,616.74.

A look at how the Indian ADRs performed: