Friday, February 15, 2008

Stocks drop as consumer sentiment weakens (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 - Stocks fell on Friday, with the Nasdaq
losing more than 1 percent, on worries about consumer spending
after electronics retailer Best Buy warned that shopper
traffic dropped off right after the holidays and a key measure
of consumer sentiment fell to a 16-year low.




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