Friday, June 11, 2010

Stocks pare loss, aided by health care sector

Date: Fri, 11 Jun 2010 12:00:52 -0400

STOCKS PARE LOSS, AIDED BY HEALTH CARE SECCTOR
U.S. stocks fall Friday morning as the first drop in retail sales
since September rattled investors, prompting questions about the
economic recovery to resurface.

U.S. RETAIL SALES FALL FOR FIRST TIME SINCE SEPT.
U.S. retail sales decline for the first time in eight months in May,
tumbling a surprising 1.2%, the Commerce Department estimated Friday.

RETAIL STOCKS FALL AFTER DISAPPOINTING MAY SALES
Retail stocks fall after May retail sales decline unexpectedly for the
first time in eight months, raising worries about the resiliency of
consumer spending.

CONSUMER SENTIMENT RISES IN JUNE
U.S. consumer sentiment rises in early June, hitting the highest level
since January 2008.

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