NEW YORK Hopes for a post-election market bump were dashed Wednesday as all major market indexes and the NRN Stock Index posted large declines in reaction to persistent concerns about the nation’s economic plight. The day proved particularly grim for restaurant companies, with new research suggesting a further fall-off in consumer spending in November. The sector was again plagued by weak corporate earnings and dire sales forecasts for the remainder of the year. Yet the picture was ...
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Contact: Desiree Torres Desiree.Torres@penton.com