TheNewsRoom | Stocks sink on financials downgrade

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Stocks sink on financials downgrade

February 04, 2008

Earnings season is lending little support to the stock market this time around. Despite fourth quarter results, excluding the financial sector, which have "not been bad," according to Ashwani Kaul, senior research analyst, Reuters Research, investors are still concerned about the health of corporate profits. SPEAKER: Ashwani Kaul, senior research analyst, Reuters Research Conway Gittens reports from New York.