Friday, April 13, 2007

US STOCKS-Indexes fall as consumer sentiment sinks

(Reuters) - NEW YORK, April 13 - U.S. stocks fell on Friday after data showed both consumer sentiment and consumer expectations fell to an eight-month low in April, erasing earlier positive sentiment about the outlook for inflation.

Stocks had started the session higher after producer prices data helped to soothe concern about inflation, which was stoked by Federal Reserve minutes this week that hinted at the need for more interest rate increases.


Read more at Reuters.com Bonds News

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