Saturday, February 16, 2008

Dow and Nasdaq slip on consumer spending worry (Reuters)



A passerby walks past a Tokyo brokerage's stock price board Friday, Feb, 15, 2008 as Japan's benchmark Nikkei stock index fell slightly Friday, Feb. 15, 2008 on Wall Street's drop overnight after Federal Reserve Chairman Ben Bernanke predicted a 'sluggish' economy until later in the year. The Nikkei average fell 3.89 points, or 0.03 percent, to 13,622.56 on the Tokyo Stock Exchange. (AP Photo/Koji Sasahara)Reuters - The Dow and Nasdaq slipped on Friday
on concerns about consumer spending after an index of consumer
sentiment fell to a 16-year low and retailer Best Buy
warned that shopper traffic dropped off after the holidays.




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)