US Stocks Extend Gains
91 views · Published 3 November 2008 · 2:16 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
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.