Dow plunges as earnings season approaches

Investors are also waiting for economic news from the G8 summit, which starts tomorrow, while lower oil prices are driving stock value lower as crude tumbles to $63 a barrel, down over $1. Du Pont E I De Nem leads the losses, falling 3.52% to $24.44, while Caterpillar has lost3.28% to $30.67. However, aluminium producer Alcoa has added 1.3% to $9.38 as it will open the earnings season for blue chips tomorrow, while bigger announcements are expected next month. Intel Corp has gained 1.15% to $16.73 as the world's largest microchip maker was raised to ‘buy' from ‘neutral' by Bank of ...