Breaking News Alert The New York Times Wednesday, January 7, 2009 -- 4:08 PM ET ----- Stocks Slide on Earnings Gloom; Crude Oil Down 12% Bleak outlooks from Time Warner, Intel and Alcoa along with more concerns about rising unemployment pushed shares sharply lower Wednesday. The Standard & Poor's 500-stock index and the Nasdaq were both down about 3 percent. The Dow Jones industrial average lost about 2.7 percent. As stocks tumbled, crude oil prices fell to $42.63 a barrel, down $5.95. Read More: http://www.nytimes.com/?emc=na ----- Now get the New York Times Breaking News to your mobile phone. Sign up for the alerts by texting NEWSALERTS to 698698 (NYTNYT). ----- About This E-Mail You received this message because you are signed up to receive Breaking News Alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2009 The New York Times Company
-- Posted By Breaking News to Break News at 1/07/2009 11:12:00 PM
