Motorola & Qualcomm on dull notes

[katie]

Stocks fell again in the US as technology shares like Qualcomm Ins and Motorola Inc did not deliver to estimated figures in the fourth quarter earnings results. John Lynch, as chief market analyst at Evergreen Investments in Charlotte, North Carolina, said: "The market deemed as inconsequential items such as continued low interest rates and better-than-expected earnings growth this month. We were priced for perfection and investor nerves are still raw, so stocks got hit by anything that threatened to fracture market sentiment.”


Dow Jones dropped 53.13 points, or 0.52 percent, to 10,067.33. The S&P 500 index lost 10.66 points, or 0.98 percent, to 1,073.87. The Nasdaq Composite Index fell 31.65 points, or 1.45 percent, to 2,147.35.