US stocks retreat for fifth day running

Wall Street retreated for a fifth straight day today as investors dumped stocks on worries that disappointing retail sales and United Airlines’ threat of bankruptcy would curtail corporate profits.

US stocks retreat for fifth day running
Thu, 05 Dec, 2002 - 22:39

Wall Street retreated for a fifth straight day today as investors dumped stocks on worries that disappointing retail sales and United Airlines’ threat of bankruptcy would curtail corporate profits.

The Dow Jones industrials slid more than 110 points.

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CourtsHeathrowPlace: USPlace: Northeast USPlace: Charlotte, North CarolinaPerson: Todd ClarkPerson: Mike KayesOrganisation: Wall StreetOrganisation: United Airlines’Organisation: United AirlinesOrganisation: Wells Fargo SecuritiesOrganisation: DowOrganisation: NasdaqOrganisation: Standard & PoorOrganisation: UALOrganisation: Dow Jones & Co.Organisation: CitigroupOrganisation: Wal-MartOrganisation: GapOrganisation: IraqOrganisation: Eastover CapitalOrganisation: Labour DepartmentOrganisation: GatewayOrganisation: New York Stock Exchange
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