Dow drops 200 points amid worries about earnings and geopolitics [CNBC]
UNITED TECHNOLOGIES (UTX)
Last united technologies earnings: 1/28 06:30 am
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Source: CNBC
show chapters Stocks struggled on Monday as investors worried about a deluge of corporate earnings reports coming this week as well as rising geopolitical tensions. The Dow Jones Industrial Average fell 200 points, led by declines in United Technologies and DowDuPont. The S&P 500 fell 0.5 percent as energy and financials lagged. The Nasdaq Composite , however, gained 0.1 percent as Amazon and Apple rose 1.2 percent and 0.5 percent, respectively. Bank of America and Citigroup both fell more than 1.5 percent. J.P. Morgan Chase and Goldman Sachs traded 1.2 percent and 1.1 percent lower, respectively. The SPDR S&P Bank ETF (KBE) fell 2.1 percent. The ETF that tracks energy shares, meanwhile, fell 1.5 percent. Wall Street is trying to rebound from steep losses this month. The major indexes are all down at least 3.8 percent through Friday's close amid fears of rising interest rates and a slowdown in the global economy. You need the market to cal
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