Lower start for stocksU.S. markets in pullback as credit concerns outweigh tame inflation; Dow dips below 13,000.NEW YORK (CNNMoney.com) -- U.S. stocks eased at Wednesday's open as investors continued to worry about credit than inflation. The Dow Jones industrial average dipped 0.3 percent, and fell below 13,000 for the first time since April 25, according to Reuters. The Nasdaq composite index fell 0.3 percent. The Standard & Poor's 500 stock index was 0.1 percent lower. Among stocks in the news early Wednesday: KKR Financial (Charts), Deere (Charts, Fortune 500), Macy's (Charts), Sara Lee (Charts, Fortune 500), Whole Foods Market (Charts, Fortune 500) and Dell (Charts, Fortune 500). |
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