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Retail Fears Drive Stocks Down

Same-store sales weak in October

By Kevin Spak, Newser Staff

Posted Nov 6, 2008 8:51 AM CST

(Newser) – Stocks took a modest slide at the open today, thanks to dismal data from retailers. The Dow fell 57 points, while the Nasdaq and S&P dropped 1.1% and 0.9% respectively, the Wall Street Journal reports. Most retailers, with the notable exception of... Read full story »

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Retail Fears Drive Stocks Down

Same-store sales weak in October

stock market • Cisco • European Central Bank • retail sales • Bank of England • same-store sales • interest rate cut • retailers

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More Newser Stories

Euro Central Banks Slash Interest Rates

Bank of England drops rate to 2%, ECB to 2.5%, Sweden to 2%

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With Fed at 1% and European, Asian banks trimming, no-interest loans not far off, perhaps

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Fed Joins 5 Central Banks in Shock Rate Cut

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