Stocks slide on Monday Jan, 12th

Stocks slide on Monday Jan, 12th

Stocks went down on Monday the 12th of January on Wallstreet.
Citi shares went down despite talks with Morgan. Oil slipped below $38 dollar per barrel after weakening demand outlook. Falling commodity prices dragged energy stocks lower and reinforced fears that a slowing economy will further erode corporate profits. After bad news and outlooks in the past weeks, Wall Street is expecting fourth-quarter and full-year numbers arriving this week to be particularly bleak. Just before the bell the Down Jones (DJIA) was was off around 1.4 percent, the NASDAQ and the S&P 500 slipped about 2 percent.
The market is in anticipation of the 4th quarter and full year figures. Traders are cautious!