Wall Street sells off as consumers snap wallets shut (Reuters)

Posted by admin on November 16, 2008 under News | Be the First to Comment

Wall Street sells off as consumers snap wallets shut (Reuters)

Traders work on the floor of the New York Stock Exchange, November 14, 2008. (Brendan McDermid/Reuters)Reuters – U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers’ reluctance to spend will push the economy into an even deeper downturn than currently expected.


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