Wall Street stocks start 2016 on weak note

New York

WALL Street has started the New Year where it ended 2015, with a host of factors unnerving investors. US stocks have fallen 4.2 per cent in the last five sessions, and there is little reason for optimism amid the international threats and corporate weakness that have prompted accelerated selling.

It may get worse before it improves: shares still are pricey and investors who say that they cannot calibrate geopolitical woes such as a weakening China and a North Korean hydrogen bomb test are sticking to the sidelines for now.