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The American economy is wheezing so badly that even the power Google Inc and its new-robust stock is looking haggard.
The emphasis on the recent deterioration of Google sharpened Tuesday as investors reacted to the latest evidence fewer people in the United States are on the Internet by clicking on the ads that generate most of the online search of head profits.
The disturbing pattern, captured in a monitoring report by Internet research firm comScore Inc shoved Google shares to an 11-month low. The decline extended a slump that has lowered the Mountain View-based company is the market value of 33 percent, or about $ 70 billion during the first seven weeks of the year. The tech-laden Nasdaq composite index has declined by 12 percent during the same stretch.
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