| From AP: Gold prices pulled off a moderate advance Thursday, but other commodities slumped for a second straight day as a profit warning from Wal-Mart Stores Inc. amplified investors' concerns about waning demand for products of all kinds.
The nation's largest retailer slashed its projection for fiscal fourth-quarter earnings and said December sales at stores open for at least a year rose by a worse-than-expected 1.2 percent. The announcement, which came as a stream of retailers reported weak December sales, proved that even discounters are suffering amid the recession, and underscored just how much consumers have cut back their spending..... Full Article: Source
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