Stocks Drop on GE, Citigroup Earnings

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Lackluster earnings reports from Dow Jones industrials General Electric Co. and Citigroup Inc. sent stocks plunging Friday, giving the Dow its biggest single-day percentage decline since April. The major indexes each lost more than 2 percent this week.


The Dow dropped 213.32, or 2 percent, to 10,667.39. The Standard & Poor’s 500 Index lost 23.55, or 1.8 percent, to 1,261.49. The Nasdaq fell 54.11, or 2.4 percent, to 2,247.70.


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