While you were sleeping: Wall Street slips from record

Thu, 19 Jun 2014

By Margreet Dietz June 20 (BusinessDesk) - Wall Street slipped, pushing the Standard & Poor’s 500 Index down from the previous day’s record-high close, as retail stocks including Coach slumped on disappointing outlooks. In the final hour of trading in New York, the Dow Jones Industrial Average fell 0.23 percent, the Standard & Poor’s 500 Index slipped 0.15 percent, while the Nasdaq Composite Index retreated 0.44 percent. Declines in shares of Nike, down 1.2 percent, and Exxon Mobil, down 0.9 percent, led the Dow lower. Retailers too...

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