Wall St lower on corporate woes, Iraq concerns

Shares prices were lower in early trade on a raft of lower revenue guidance from companies including Wal-Mart and Sprint Corp, with weak economic data and the threat of a conflict with Iraq further shaking investor confidence, dealers said.

At 10.34 am, the DJIA was down 162.92 points at 7,823.10, the S&P 500 was 16.07 lower at 829.32 while the Nasdaq composite was down 26.51 at 1,194.58.