On the global front: Wall Street ends lower; Dow slips 82 points while Asian markets trading mixed; Hang Seng up.

On the global front: Wall Street ends lower; Dow slips 82 points while Asian markets trading mixed; Hang Seng up. A late rally in the US markets collapsed on sell-off in financials, some consumer and energy stocks. Techs outperformed the broader market for most of the day but declined in the sell off. The loss in financials were led by Morgan Stanley as the stock skidded 9% after the investment bank said credit troubles hampered earnings. The company's loss of 57 cents a share badly missed expectations of an 8-cent loss, and it cut its dividend to 5 cents a share. The Dow slipped 82.99 points, or 1%, to 7,886.57. The S&P 500 index fell 6.53 points, or 0.8%, to 843.55, while the NASDAQ composite index rose 2.27 points, or 0.1%, to 1,646.12 in anticipation of solid results from Apple.