Excerpt from:  Spread Betting North American Financial Markets
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February 07, 2008

Retailers, Tech Stocks Drop on US Stock Market

Spread bets and CFDs on US stocks
Worries over the US economy and the ability of consumers to spend are affecting tech stocks and retailers.
Spread betting on the stock market should consider that US stocks are expected to move lower today as tech stocks fall and retailers are hard hit. Cisco Systems is the main culprit for tech stocks, and retail giant Wal-Mart is pushing the US stock market lower. MarketWatch reports on US stocks today:

U.S. stocks futures dropped on Thursday, with technology shares in particular bruised by Cisco Systems' cautious outlook and with retailers including Wal-Mart Stores posting sluggish sales.

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