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| Financial News |
Friday, August 29th 2008
Stocks tumble as Dell warns on tech spending
(Reuters) (2:45 PM)
 Reuters - U.S. stocks tumbled on Friday, led
lower by tech shares after computer maker Dell warned that
companies worldwide are cutting back on technology spending.
(Read More)Stocks end lower on personal income data
(AP) (2:30 PM)
AP - Stocks have ended the day sharply lower after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.
(Read More)Stocks fall on personal income data, Dell report
(AP) (12:45 PM)
AP - Stocks tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average fell more than 100 points, while a disappointing profit report from computer maker Dell Inc. weighed on the technology-heavy Nasdaq composite index.
(Read More) |
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