The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

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Today

Hi92° Sunny

Tonight

Lo63° Clear and Breezy then Clear

Sunday

Hi86° Sunny

Sunday Night

Lo62° Clear

Monday

Hi88° Sunny

Monday Night

Lo62° Mostly Clear

Tuesday

Hi80° Mostly Sunny

Tuesday Night

Lo59° Mostly Clear and Breezy then Mostly Clear

Wednesday

Hi85° Sunny

Wednesday Night

Lo63° Clear

Wall Street

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NEW YORK (AP) — Grim sales forecasts from two major companies and concern that the Federal Reserve will soon start withdrawing its support for the economy pummeled the stock market Thursday. The Dow Jones industrial average slumped 225 points, its worst day in nearly two months.

Before the start of trading, Wal-Mart cut its estimates for annual revenue and profit. The news followed a disappointing revenue forecast from Cisco Systems late Wednesday. In a twist, more signs of resilience in the U.S. economy weighed on the stock market. Reports on inflation and the job market appeared to raise the odds that the Fed would begin winding down its massive bond-buying program as early as next month.

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