Stocks retreated Thursday after the Philadelphia Federal Reserve surprised Wall Street by announcing that its broadest measure of manufacturing activity fell to a negative reading for the first time since April 2003, renewing investor fears that the economy could be cooling too quickly.
Full article from Forbes
Thursday, September 21, 2006
Stocks Slide After Philly Fed Report
Labels:
Bernanke,
economy,
fed,
federal reserve,
forbes,
investor,
stocks,
Wall Street
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