11/8/08

Wall Street extends decline as Cisco comments, retailers’ sales add to recession worries

Wall Street plunged for a second day, triggered by computer gear maker Cisco Systems warning of slumping demand and retailers reporting weak sales for October. Concerns about widespread economic weakness sent the major stock indexes down more than 4 percent Thursday, including the Dow Jones industrial average, which tumbled more than 440 points. Full : http://tinyurl.com/6m73ef