Stocks Skid Ahead of Earnings Season - Presented by: The Aol. On Network

Wall Street crumbles with stocks near record highs as earnings season begins. After the close, Alcoa beat sales and profit forecasts excluding items. Corporate profits, as a whole, are expected to show a gain of 6.2 percent for the quarter, according to Thomson Reuters data. As for the trading day, the Dow and the S&P 500 shed seven-tenths of a percent drop in a month, and the Nasdaq suffered its worst defeat since late April.

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