Fall in US stocks

Stocks fell in the United States today as a gloomy tone was set on Wall Street by Delphi Corporation’s bankruptcy filing and lowered outlooks from Northrop Grumman and Xilinx.

Stocks fell in the United States today as a gloomy tone was set on Wall Street by Delphi Corporation’s bankruptcy filing and lowered outlooks from Northrop Grumman and Xilinx.

The market extended last week’s losses as investors grew anxious for third-quarter earnings to gauge the impact of hurricanes Katrina and Rita, and to get a glimpse of where the economy is headed as companies forecast future results.

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