Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin
September 05, 2008 at 10:39 AM EDT
The U.S. markets took a beating yesterday (Thursday) as retail sales sputtered and jobless claims surged. At the New York close, the blue-chip Dow Jones Industrial Average Index had posted a loss of 344.65 points (-2.99%), to trade at 11,188.23. The…
