US STOCKS-Wall St slides on earnings, economic gloom

Newswire

* Allstate falls after posting quarterly loss * Continuing jobless claims rise to record level * Worries rise that stimulus package could be held up * Dow off 1.5 pct, S&P off 2 pct, Nasdaq off 1.9 pct * For up-to-the-minute market news, click [STXNEWS/US] (Updates to midmorning) By Leah Schnurr NEW YORK, Jan 29 (Reuters) - U.S. stocks fell on Thursday on more dismal earnings from companies including Allstate, and a bleak batch of economic data showed an economy still in the ...

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