NEW YORK Stocks fell today as poor earnings reports and a big dropin consumer confidence weighed on investors.
Investors were torn between their newfound optimism that earningsand the economy are headed for recovery and fears that it will bemuch longer before the business environment improves.
The Dow Jones industrial average fell 77.89 to close at 10,454.34.Investors became more cautious as the session progressed, pullingback after sending the Dow up as much as 106.83 earlier.
Wall Street's broader indicators were even lower. The Nasdaqcomposite index dropped 2.1 percent while the Standard & Poor's 500slipped 1.2 percent.
Investors were wondering whether …
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