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Before the Bell: Stock market poised to open lower on falling retail sales

Posted Oct 15th 2008 7:45AM by Jonathan Berr
Filed under: Before the bell, eBay (EBAY), Intel (INTC), JPMorgan Chase (JPM), Wells Fargo (WFC)

The stock market may open lower today amid growing worries about retail sales slowing following the release of figures from the U.S. Commerce Department that may heighten worries about consumer spending for the holiday season. Investors also will be keeping a close eye on earnings from two banks that have recently gobbled up smaller rivals hurt by the financial crisis JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE: WFC). eBay Inc. (NASDAQ: EBAY) also reports results.

Here is a look at other news that may move the market:

Tags: auto sales, AutoSales, banking, earnings, ebay, featured, intc, jpm, Paul OTellini, PaulOtellini, tech earnings, TechEarnings, wall street, WallStreet, wfc

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