US STOCKS-Market sags on economic worry; Nasdaq off 1 pct

Newswire

(Updates with Nasdaq falling 1 percent) By Jennifer Coogan NEW YORK, Dec 17 (Reuters) - U.S. stocks fell on Monday, extending last week's losses, as investors worried that signs of rising inflation and weakness in holiday shopping dimmed prospects for economic growth and corporate profits. The Nasdaq composite index fell as much as 1 percent. Disappointing sales at malls and shopping centers over the weekend led the head of America's Research Group, a consumer marketing firm, to ...

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