Monday, October 15, 2012

Retails Sales Up 1.1%

Retail sales in the United States bumped up 1.1%, showing continued improvement before the all-import Christmas season.  That has led stocks higher initially, although the stock market has been bothered since Mitt Romney won the first presidential debate.  Since that time, the Dow Jones has plummeted nearly 300 points.  A strong showing by President Barack Obama in the second debate this week could reverse that trend, however.

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