Stocks in New York fell yesterday after companies representing both the new economy and the old suggested that corporate profits might falter.

An earnings warning from Citrix Systems, which makes computer network products, gave the Nasdaq its worst loss since May 23rd. And Home Depot shares fell after a Wall Street analyst said rising interest rates were taking a toll on sales.

The Nasdaq composite index was down 106.92, or 2.8 per cent, at 3,767.92.

The Dow Jones dropped 49.85, or 0.5 per cent, to 10,564.21, and the Standard and Poor's 500 index was down 10.95 at 1,446.00. Both indices had given up early gains.