GLOBAL MARKETS-Dow drops on outlooks; bonds, gold up

Newswire

(Updates with early U.S. markets, previous LONDON) By Richard Chang NEW YORK, Sept 27 (Reuters) - Blue-chip stocks fell on Friday as bearish corporate outlooks sent investors scurrying back to safe-haven bonds and gold, while oil prices dropped after a storm subsided in the Gulf of Mexico. Dow components General Electric Co. and Philip Morris Cos. Inc. led a U.S. blue-chip selloff after investment banks cut their investment ratings on GE and the world's largest cigarette maker slashed ...

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