US STOCKS-Wall St falls on energy shares, consumer worries

Thu Nov 12, 2009 10:30pm GMT
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* Wal-Mart forecast sparks worry about consumer spending

* Crude futures fall, energy shares down 2 pct

* Indexes down: Dow 0.9 pct; S&P 500 1 pct; Nasdaq 0.8 pct

* For up-to-the-minute market news, click [STXNEWS/US] (Rewrites first three paragraphs, adds Disney share move after market's close)

By Rodrigo Campos

NEW YORK, Nov 12 (Reuters) - The Dow industrials six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending.

Stocks were also undermined by a U.S. dollar rally, as its safe-haven appeal rose after several policymakers around the world warned the economic recovery was fragile. For details, see [ID:nN12142125]

With earnings season coming to a close, and looking beyond the Federal Reserve's meeting last week, investors searched for new catalysts to determine the market's direction.  Continued...

 
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