WRAPUP 4-US retail sales in record fall, but sentiment up

Newswire

* Retail sales drop 2.8 percent in Oct * Nov consumer confidence up to 57.9 from 57.6 in October. * Import prices down 4.7 percent in Oct (Updates with closing market levels in New York) By Alister Bull WASHINGTON, Nov 14 (Reuters) - Sales at U.S. retailers suffered a record decline in October as fears of recession sapped spending, but part of the drop was due to slumping gasoline prices which helped buoy consumer confidence. The Commerce Department said on Friday that retail sales ...

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