U.S. stocks end lower on interest rate, China fears

Newswire

(Updates to 4 p.m.) NEW YORK, April 28 (Reuters) - U.S. stocks sank on Wednesday as concerns about rising interest rates and heightened tensions in Iraq, along with worries about China's efforts to cool its red-hot economy, overshadowed investors' recent enthusiasm about strong corporate profits. According to the latest data, the Dow Jones industrial average fell 135.56 points, or 1.29 percent, at 10,342.60. The Standard & Poor's 500 Index was down 15.70 points, or 1.38 percent, at ...

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