Summary
Investors lost a little more of their optimism about first- quarter earnings Wednesday, sending stocks sliding on a disappointing profit report from Alcoa Inc. and a warning from Seagate Technology.
With many people away for the Passover and Easter holidays and no trading scheduled for Good Friday, volume was light, exaggerating some of the price moves. Investors who remained seemed chilled by the latest corporate news, and concerns about inflation, rising interest rates and fighting in Iraq added to the day's weakness.See the full content of this document
Extract
Stocks Slip Lower As Optimism Sags
The Dow Jones industrial average slipped 90.66, or 0.9 ...
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