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Nike Rout Is Exclamation Point on Bleak Week for Consumer Stocks

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A dismal week for consumer stocks is raising concern about the financial health of US households just before the second-quarter earnings season begins in earnest next month.

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Stock market today: Asian shares shrug off latest Wall St rout as Chinese factory activity weakens.Asian shares were higher on Friday as investors shrugged off yet another decline on Wall Street, while an official survey showed a weakening in Chinese...
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