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Losses Continue for 2nd Day

Stagflation stalks the Street; retailers post poor results

By Nick McMaster, Newser Staff

Posted Aug 19, 2008 3:31 PM CDT

(Newser) – Stocks fell today for a second straight session as doubts about financials persisted and economic news painted gloomy outlooks on inflation and housing, MarketWatch reports. Disappointing quarterly reports from the retail sector made a bad situation worse. The Dow fell 130.84 to 11,348.... Read full story »

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Losses Continue for 2nd Day

Stagflation stalks the Street; retailers post poor results

retail • NASDAQ • Dow Jones • Staples • Home Depot • AIG • housing starts • S&P 500 • Saks • financial stocks • wholesale prices • financial crisis

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