February 10, 2009 / 7:48 PM / in 9 years

US STOCKS SNAPSHOT-Bank plan skepticism pulls Wall St lower

 NEW YORK, Feb 10 (Reuters) -  U.S. stocks tumbled about 4
percent on Tuesday as investors worried that a plan to shore up
the financial sector may not be enough to loosen up credit and
contain the deepening recession.
 * Apple AAPL.O dropped more than 5 percent to $97.30,
while Google GOOG.O lost 5 percent to $359.65.
 * The S&P index of financial stocks .GSPF fell nearly 10
percent while the KBW index of bank stocks .BKX shed 12.7
percent.
 * The Dow Jones industrial average .DJI fell 377.13
points, or 4.56 percent, at 7,893.74. The Standard & Poor's 500
Index .SPX lost 42.41 points, or 4.88 percent, at 827.48. The
Nasdaq Composite Index .IXIC shed 66.54 points, or 4.18
percent, at 1,525.02.
 (Reporting by Deepa Seetharaman; Editing by Leslie Adler)


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