Thursday, December 27, 2007

U.S. stock losses deepen; market unsettled by Bhutto death

Dec. 27, 2007

U.S. stock losses deepen; market unsettled by Bhutto death

NEW YORK
U.S. stocks accelerated their losses on Thursday, as news of the
assassination of former Pakistani Prime Minister Benazir Bhutto rattled
the market, overshadowing a mixed batch of economic data.

Pakistani opposition leader Bhutto killed in bombing: reports

NEW YORK
Pakistani opposition leader and former prime minister Benazir Bhutto was
killed following a suicide bombing that also killed at least 20 others
after a political rally in Rawalpindi, Pakistan, according to media
reports Thursday.

Economic Report: U.S. consumer confidence gains in December, report
shows

U.S. consumer confidence rose in December due to an increase in
short-term expectations, though consumers "remain far from
optimistic," the Conference Board reported Thursday.

Retail Stocks: Retail shares head lower; Wal-Mart finds gift card
issues

NEW YORK
Retail shares traded lower Thursday, tracking the broader markets, after
durable-goods data didn't rise as much as forecast.

Vital Signs: More vaccines, less disease, but kids feel like
pincushions

Young children receive far more vaccinations than they did even 20 years
ago, which has led to a drastic reduction in many vaccine-preventable
diseases in the United States.


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