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Talk Stock Trading - Financial Market News

August 13th, 2008

Markets down on lackluster retail sales

It appears that the effects of the economic stimulus package are waning fast, as retail sales for July decreased by 0.1 percent. 
Gas sales were up 0.8 percent last month, but even higher gas prices could not bring July’s sales into positive territory.  Sales were driven down by a 2.4 percent decrease in vehicle sales.
U.S. auto sales reached […]

By profsilver -- 0 comments