US growth worries cloud global stock markets

Traders dumped retail US stocks Friday, with giant Walmart losing 3.0 percent, after a weak report on American consumer spending added to worries about the strength of the economy. Wall Street's losses -- the Dow fell 0.3 percent and the Nasdaq dropped 0.6 percent -- capped a day in which nearly all leading markets tumbled. While the Tokyo market was closed, Hong Kong shares sank 1.5 percent, Frankfurt fell 2.7 percent, and London 1.3 percent.