Wall Street tumbles after retail sales reports, unemployment data

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Wall Street tumbled Thursday on more disappointing economic news -- retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unemployment benefits spiked last week. The Dow Jones industrials fell more than 200 points.

Meanwhile, the Labor Department said new applications for unemployment insurance rose by 15,000 from the previous week. That broadly missed expectations for a fourth-straight week of declines.

Crude prices rose as Wall Street waited to see if a weekly U.S. inventory report would contain evidence that slowing economic growth has cut demand. The Energy Department is scheduled to release its report on oil stockpiles for the week ended Aug. 29 later in the session.

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看美股走勢，明日港股有機会考驗二万大関！

金☆晨

lutulo

那麼金會升麼

無法笑

原帖由 無法笑 於 2008-9-4 11:33 PM 發表
看美股走勢，明日港股有機会考驗二万大関！

19842.64 now!  No eye see!   18000 not far
away!