Tuesday, August 01, 2006

U.S. stocks dip, hemmed in by interest-rate worries

NEW YORK (MarketWatch) -- U.S. stocks edged lower Monday after a Federal Reserve official said there was still a 50-50 chance of an interest-rate hike at the central banks August meeting, but Wal-Mart Stores bucked the downtrend as its shares rose on an upbeat sales view.

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