Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
New York

Stocks dropping again

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!
Back to school
Retail sales fell in September by 1.2 percent, according to the federal government, leading to more concern over the health of the economy.
Photo by Tim Boyle/Getty Images

(AP) - Wall Street is plunging again, with the Dow Jones industrials down more than 500 points as investors agonize over the faltering economy.

Stocks are down on a combination of disheartening economic data, including a big drop in retail sales and a Federal Reserve report that says tight credit conditions are hurting businesses across the country.

The Fed's Beige Book, which details conditions around the nation, found that the economy continued to slow in the early fall as financial and credit problems took a turn for the worse.

The report confirms the market's belief that difficulties in obtaining loans has choked growth in wide swaths of the economy.

The Dow is down about 550 at the 8,760 level.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Gallery
1 of 1
Retail sales slump
Retail sales fell in September by 1.2 percent, according to the federal government, leading to more concern over the health of the economy.
Photo by Tim Boyle/Getty Images