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Stocks Fall in Morning Trading, With Bad News

Stocks opened lower this morning. The bad news included the data that U.S. retail sales have fallen 1.2% in September, "the most in three years," according to Bloomberg News. It marks three consecutive months of declines (a first since 1992) and an economist at Global Insight Inc. sums it up, "The fourth quarter is guaranteed to be terrible."

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By Jen Chung in on October 15, 2008 9:53 AM

Comments [rss]

  • Shinobi Shaw

    Of course it's not over, this is only the beginning!

  • Mr Mel

    I just knew it wasn't over.

  • Steven

    This comes as a surprise to wall street!?

  • Leon Freilich

    GORDON BROWN, IF ONLY



    While Britain's economy is repaired



    By its former Chancellor of the Exchequer,



    Ours is further tilted to the wealthy



    By Henry Paulson, the Wall Street Wrecker.

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