US STOCKS-Wall Street falls on strong dollar, consumer fears

Thu Nov 12, 2009 9:39pm GMT
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* U.S. dollar weighs on commodity-related shares

* Wal-Mart forecast sparks worry about consumer spending

* AMD shares rally after dispute with Intel settled

* Indexes down: Dow 0.9 pct; S&P 500 1 pct; Nasdaq 0.7 pct

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

By Rodrigo Campos

NEW YORK, Nov 12 (Reuters) - U.S. stocks fell broadly 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 consumer spending.

The greenback's rise helped push oil futures, which are denominated in dollars, down by 3 percent and caused energy shares to fall. The S&P integrated oil and gas index fell 1.5 percent.  Continued...

 
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