(By STEPHEN BERNARD, AP Business Writer) The stock market pulled back Tuesday after a surprising drop in consumer confidence reminded investors of the fragility of the economic recovery. Interest rates also fell as investors moved money out of stocks and into the safety of Treasurys.The Conference Board said Tuesday its consumer confidence index fell to 46 in February from 56.5 last month.
Stocks Retreat After Disappointing Consumer Report
CharlotteObserver.com: Business, Charlotte Observer: Business
Tue, 02/23/2010 - 9:16am
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