By David Randall NEW YORK (Reuters) - An early gain on Wall Street fizzled and sent global stocks lower on Monday as investors remained cautious despite IBM's $34 billion deal to purchase Red Hat Inc and Standard & Poor's decision to keep Italy's credit rating unchanged. In late afternoon trading, The Dow Jones Industrial Average fell 319.63 points, or 1.29 percent, to 24,368.68, the S&P 500 lost 26.06 points, or 0.98 percent, to 2,632.63 and the Nasdaq Composite dropped 145.70 points, or 2.03 percent, to 7,021.52.7,021.52.
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Tuesday, 30 October 2018
Global stocks slide as investors remain cautious
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