U.S. stocks fall as global growth worries weigh

Date: Fri, 13 Aug 2010 12:00:53 -0400

U.S. STOCKS FALL AS GLOBAL GROWTH WORRIES WEIGH
U.S. stocks fall slightly to close out a tough week for the bulls, as
gains in data on retail sales and consumer sentiment fail to ease
investors' worries about the health of the global economy. See full
story.

HOENIG CALLS FED POLICY 'DANGEROUS GAMBLE'
In a sharp critique of Federal Reserve policy from a sitting policy
member, Thomas Hoenig said Friday that zero interest rates were "a
dangerous gamble" in a period of moderate growth.

AMERICAN CONSUMERS TAKE A BREAK
Nervous consumers aren't spending much this summer, adding to worries
about the momentum of the economic expansion, writes Rex Nutting.

CONSUMER CONFIDENCE EDGES UP IN AUGUST
Consumer confidence in August edged upwards but remained in depressed
territory, according to a report released Friday.

WAL-MART, HOME DEPOT TO HEADLINE RETAIL MOOD
As the retail industry heads into the crunch of second-quarter
earnings next week, investors will be watching results, led by Dow
components Wal-Mart and Home Depot.