US STOCKS-Market drops as consumer sentiment weakens

Newswire

(Updates to show Nasdaq losing 1 percent) NEW YORK, Feb 15 (Reuters) - U.S. stocks fell on Friday, with the Nasdaq losing more than 1 percent, on worries about consumer spending after electronics retailer Best Buy warned that shopper traffic dropped off right after the holidays and a key measure of consumer sentiment fell to a 16-year low. The Dow Jones industrial average was down 82.34 points, or 0.67 percent, at 12,294.64. The Standard & Poor's 500 Index was down 9.93 points, or ...

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