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Stocks eye bleak retail data, Treasury pick

Daily News Analysis (Free subscription) | 08/11/2008

... “Anyone who doesn’t expect (the economic data) to be bad has been living under a rock,” said Elliot Spar, market strategist with Stifel Nicolaus & Co. “From a market perspective, you just keep getting these numbers that are bad and the market is trying to look forward.” During the last week, the Dow Jones industrial average fell 4.1%, while the S&P 500 dropped 3.9% and the Nasdaq...

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Stocks eye bleak retail data, Treasury pick

Reuters (Free subscription) | 08/11/2008

... who doesn't expect (the economic data) to be bad has been living under a rock," said Elliot Spar, market strategist with Stifel Nicolaus & Co. "From a market perspective, you just keep getting these numbers that are bad and the market is trying to look forward."For the week, the Dow Jones industrial average .DJI fell 4.1 percent, while the S&P 500 .SPX dropped 3.9 percent and the...