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    HomeNewsBusinessMarketsWall Street opens lower as Citi misses views

    Wall Street opens lower as Citi misses views

    US stocks fell on Tuesday after Citigroup Inc's quarterly earnings missed estimates, while Apple Inc weighed on the technology sector after Chief Executive Steve Jobs took another medical leave.

    January 18, 2011 / 21:32 IST

    US stocks fell on Tuesday after Citigroup Inc's quarterly earnings missed estimates, while Apple Inc weighed on the technology sector after Chief Executive Steve Jobs took another medical leave.


    Shares of Citi fell 4.9 percent to $4.88, while Apple lost 4.6 percent to $332.36.

    The Dow Jones industrial average was down 7.88 points, or 0.07 percent, at 11,779.50. The Standard & Poor's 500 Index was down 2.09 points, or 0.16 percent, at 1,291.15. The Nasdaq Composite Index was down 10.69 points, or 0.39 percent, at 2,744.61.

    first published: Jan 18, 2011 08:42 pm

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