Wall Street tumbles as earnings season begins

Posted on: April 8, 2009 at 9:11 am

NEW YORK: US stocks slid on Tuesday, hammered by fears that companies will show they struggled in the first quarter as the recession dragged on as the earnings season kicked off with Alcoa.
After the worst fourth-quarter earnings season on record, investors were expecting another round of poor profits, starting with aluminum producer Alcoa Inc after [...]