U.S. stocks fall sharply after disappointing retail sales data
4:30 pm ET May 10, 2007
DJIA
13,215
-147.74
S&P
1,491
-21.11
NASDAQ
2,533
-42.60
10Yr
4.65%
-0.020
U.S. stocks fall sharply after disappointing retail sales data
NEW YORK
U.S. stocks ended sharply lower Thursday, with the Dow Jones Industrial
Average losing over 130 points, after retailers, including Wal-Mart
Stores Inc., reported worse-than-expected declines in April sales.
Emerging Markets Report: Goldman Sachs: China at risk of 'market
euphoria'
NEW YORK
China's booming A-share market could turn into a bubble if speculation
among exuberant domestic retail investors is not curbed, Goldman Sachs
warned Thursday, as the Shanghai Composite Index hit yet another
intraday record high.
April slide in same-store retail sales worse than expected
CHICAGO
U.S. retailers posted the weakest month of same-store sales on record
Thursday as an early Easter holiday and chilly weather April dampened
shoppers' desire for spring merchandise.
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