US Stocks Extend Gains

91 views · Published 3 November 2008 · 2:16 · Indexed 20 September 2026

Channel: Voice of America · 2008 · News & Politics

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Wall Street edged higher Friday despite new figures that show the nation's economic output declined to a seven-year low.  Consumer spending also fell in September, capping the worst three-month spending decline in nearly three decades.  Economists say the numbers are strong indicators that the country is sliding into a recession. VOA's Mil Arcega reports.

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