Stocks Fall on Retail Report

285 views · Published 16 October 2008 · 2:32 · Indexed 20 September 2026

Channel: Voice of America · 2008 · News & Politics

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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.

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