Wall Street plunges on disappointing jobless, retail data ...
People's Daily: 2 views since Friday, September 5, 2008 at 06:15 AM
Wall Street slid into bear territory on Thursday with Dow Jones down more than 340 points as disappointing jobless and retail data left investors in doubt of a come-back in U.S. economy. Major U.S. retailers reported poor August sales. While Wal-Mart Stores Inc., the world's largest retailer, beat expectations due to its discounts, many retailers said consumers cut spending last month because of ...

Published in: Major Retailers