US STOCKS-Wall St falls as stronger dollar weighs

Thu Nov 12, 2009 8:06pm GMT
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* U.S. dollar weighs on commodities-related shares

* Wal-Mart forecast sparks worry about consumer spending

* Intel, Advanced Micro Devices up after settling dispute

* For up-to-the-minute market news, click [STXNEWS/US] (Updates to afternoon, changes byline)

By Rodrigo Campos

NEW YORK, Nov 12 (Reuters) - U.S. stocks fell on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) led to worries about the strength of consumer spending.

The market declined from 13-month highs hit on Wednesday and threatened to snap a six-day streak of higher closes by the Dow industrials.

The dollar rose against other major currencies .DXY, bolstered by a report showing initial U.S. weekly jobless claims had fallen to their lowest level since January.  Continued...

 
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