RTRS: US STOCKS-Wall St slides at open on banks, spending woes
U.S. stocks slid at the open on Wednesday as fears of more credit losses in the banking sector and signs of further contraction in consumer spending compounded worries about fallout from the recession.
* The Dow Jones industrial average .DJI was down 137.55 points, or 1.63 percent, at 8,311.01. The Standard & Poor's 500 Index .SPX was down 14.78 points, or 1.70 percent, at 857.01. The Nasdaq Composite Index .IXIC was down 23.79 points, or 1.54 percent, at 1,522.67. (Editing by James Dalgleish)