Wall Street slides on consumer data and revenues
Downbeat consumer sentiment data and weak revenues from GE and two big banks slammed stocks on Friday, driving major indexes down more than 2.5 percent.
The Dow Jones industrial average <.DJI> slid 261.41 points, or 2.52 percent, to end unofficially at 10,097.90. The Standard & Poor's 500 Index <.SPX> dropped 31.60 points, or 2.88 percent, to finish unofficially at 1,064.88. The Nasdaq Composite Index <.IXIC> fell 70.03 points, or 3.11 percent, to close unofficially at 2,179.05.
The three major U.S. stock indexes erased their weekly gains; each index closed down roughly 1 percent for the week.
(Reporting by Rodrigo Campos; Editing by Jan Paschal)
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