Midday Morning Update: Stocks Retreat on Discouraging Economic Indicators | Page 2 of 2 | ETF Trends

In the automotive industry, the “cash for clunkers” program received a little extra push and extended the program an extra month.

Overall, the Dow Jones Industrial Average was down 0.8%, the S&P 500 gave up 0.8% and the Nasdaq dropped 1.2%.

For more stories on consumer staples, visit our consumer staples category.

Kevin Grewal contributed to this article.