Thursday, 10 May 2007

Retailers' April sales push US stock indexes down

(Reuters) - U.S. stocks fell on Thursday after Wal-Mart Stores Inc. and most other major retailers reported weaker-than-expected April sales, raising concerns about slower consumer spending.

Shares of Whole Foods Market Inc. were the biggest drag on the Nasdaq after the largest natural and organic grocery chain posted lower quarterly profit late on Wednesday. ID:nWEN7918


Read more at Reuters Africa

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