Declines in US stock market moderate

Published on NewsOK Modified: January 27, 2014 at 3:09 pm •  Published: January 27, 2014

NEW YORK (AP) — Stocks are slightly lower on Wall Street, moderating their losses after a rout last week.

Industrial stocks were among the few winners after heavy-equipment maker Caterpillar reported a surge in earnings for the fourth quarter.

The Dow Jones industrial average fell 44 points, or 0.3 percent, to 15,837. The Standard & Poor's 500 index fell eight points, or 0.5 percent, to 1,781. The Nasdaq composite fell 44 points, or 1.1 percent, to 4,083.

Investors were encouraged by signs of stability in Argentina and Turkey, two of the emerging markets that got slammed last week. There have also been concerns that China's economic engine is slowing down, potentially dragging other developing countries along with it.

Asian markets slumped. European markets fell slightly.


Trending Now


  1. 1
    Conservative Activist Claims Women Paid The Same As Men Won't Find Husbands
  2. 2
    Report: Thunder to open playoffs on Saturday
  3. 3
    Former Sonics guard Gary Payton: Durant, Westbrook 'the new era'
  4. 4
    GOP consulting firm employee starts 'Boats 'N Hoes PAC'
  5. 5
    Why One Man Traveled Almost 3,000 Miles To Take On The Federal Government At A Ranch In Nevada
+ show more