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NEW YORK – A shares fell sharply Monday as the concerns of European debt crisis took the wide edge a weekend of holiday sales.

The euro is fallen to a minimum of two months and investors poured-security dollar Treasurys to the United States after a Sunday agreement was signed between the European Union to nearly 90 billion in loans for the Ireland rescue.

The move is designed to the shore of the Ireland cash-strapped banks, but it is unlikely to ease the concerns of other European countries, including the Portugal and the Spain investors.

Accordingly, largely ignored merchants new optimistic on .the National Federation of retail trade group trade United States holiday retail sales found 212 million shoppers visit stores and Web sites during the first week of the holiday season end up to 195 million last year.

Expenses also increased more than 14 percent of the day of Thanksgiving to Saturday, according to IBM's Coremetrics Online.A more complete picture on spending come Thursday when retailers declare their incomes in November.

Investors have been hoped that consumers who have usually spent carefully since the recession, feel more comfortable on the races during the vacances.beaucoup economists believe that consumers will have to spend more freely to the economy develop a stronger recovery.However, it is too early to tell if sales remain strong by Christmas.

The Dow Jones industrial average fell 155.61 points and 1.4%, 10,936.39 in the first hour of the trade.

Standard & Poor 500 index fell 12.90 or 1.1%, to 1, 176.04 .the ' technology-heavy Nasdaq composite index dropped 30.18 or 1.2%, 2,503.73.

European stocks also significantly traded lower.

Commodity prices have been mélangés.Cours oil pink $18 cents to 83,94 baril.Or for February delivery fell $5,70, or 0.4 per cent, to $1,358.60 an ounce.

The dollar rose by 0.8% compared to an index of six other currencies.

Silver Pink price link moved risky stocks and commodity base and investment défensives.Le performance Note Active investors face price 10-year Treasury Board, moving, fell to 2.82% 2.87% Friday Monday.

Also, investors were cautious because they waited of the week, including the report of the Government economic reports monthly employment due out by the Conference Board consumer confidence vendredi.Sondage Tuesday and the Institute for manufacturing and service industries supply management assessments are also due this week.

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