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Wall Street ends sharply lower on AIG and Wal-Mart (Reuters)

The New York Times and The Wall Street Jounal are displayed at a newsstand on Monday, July 28, 2008 in New York. News Corp. says fiscal fourth-quarter earnings jumped 27 percent, Tuesday, Aug. 6, 2008, on profit from the sale of assets and higher operating earnings in its film, cable networks and newspaper units. (AP Photo/Mark Lennihan)Reuters - Stocks fell on Thursday after a big
loss from insurer American International Group fueled fears of
more fallout from the credit crisis and Wal-Mart’s
cautious sales forecast added to concerns about consumer
spending.

Original post by Reuters

This entry was posted on Thursday, August 7th, 2008 at 3:09 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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