Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (148277)	9/30/2002 10:25:53 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164687

GST, I could have told them this information weeks ago. "Consumer-Spending Results Miss the Mark, Stocks Drop By ERIN SCHULTE THE WALL STREET JOURNAL ONLINE U.S. stocks opened lower Monday in response to data showing weaker-than-expected consumer spending in August and continuing worries about corporate profits. The Dow Jones Industrials Average pulled back 130 points, while the Nasdaq Composite Index slid 1.7%. Personal spending and income both rose in August, the Commerce Department said Monday. However, the spending numbers were a bit weaker than economists had forecast. Consumer spending has been the main support for the economy during the past two years. Personal spending increased 0.3% in August after rising 1% the previous month. Economists had expected spending to rise 0.5%, according to a Dow Jones Newswires-CNBC survey." online.wsj.com