'Saddam rally' fades on poor Wal-Mart sales

Wall Street dipped today as disappointing sales at Wal-Mart Stores, owners of Asda, chilled the retailing sector and eroded early gains following the weekend capture of fallen Iraqi leader Saddam Hussein.

'Saddam rally' fades on poor Wal-Mart sales
Mon, 15 Dec, 2003 - 21:55

Wall Street dipped today as disappointing sales at Wal-Mart Stores, owners of Asda, chilled the retailing sector and eroded early gains following the weekend capture of fallen Iraqi leader Saddam Hussein.

Stocks traded briskly around the globe on news that Saddam was in custody, but the rally was short-lived on Wall Street.

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