Wall Street ends lower; retail shares sell off

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Reuters NEW YORK
Last Updated : May 12 2017 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks ended lower on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in department store shares and stirred fears that consumers are not spending enough to drive strong economic growth.

Based on the latest available data, the Dow Jones Industrial Average fell 23.21 points, or 0.11 percent, to 20,919.9, the S&P 500 lost 5.13 points, or 0.21 percent, to 2,394.5 and the Nasdaq Composite dropped 13.18 points, or 0.22 percent, to 6,115.96.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

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First Published: May 12 2017 | 1:34 AM IST

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