Stocks Fall on Retail Report
285 views · Published 16 October 2008 · 2:32 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
Wall Street closed sharply lower Wednesday after a new report showed a big drop in consumer spending. The U.S. Commerce Department report showed retail sales fell 1.2 percent last month, nearly double what analysts had expected. VOA's Mil Arcega reports.