Financial Times FT.com

Wall Street falls as oil hits new highs

By Anuj Gangahar in New York

Published: May 9 2008 13:24 | Last updated: May 9 2008 21:24

US stocks fell on Friday after a week during which concerns about oil prices, inflation and credit markets outweighed strong sales figures from several retailers and encouraging economic data.

All leading market indicators fell on Friday, wiping out the modest gains of the previous session.

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