Stock Market January-13 2009
Bernanke: Government Actions Key to Recovery. World markets tumble on US earnings concerns. Stocks Sink After Retail Sales Report- AP Wall Street stocks down sharply in early trading. The Commerce Department has reported that retail sales fell twice as much as expected during December. Retail sales fell for a sixth consecutive month registering a sharp 2.7% decline in December. Meanwhile, oil prices fell below $38 a barrel due to worries of weak demand. The Dow tumbled nearly 180 points to 8270 while Nasdaq plunged 30 points to 1514. http://investor.biospace.com/biospace?Page=QUOTE&Ticker=NUVA