The ugly news on consumer spending cast a pall over Wall Street throughout today’s session, the Financial Times reports, pushing all three major indices down more than 2%. The unexpected dip in retail sales was particularly hard on retailers Target, Lowe’s, and Office Depot. The Dow finished off 184.22 at 8,284.89; the Nasdaq ended down 51.73, to 1,664.19; and the S&P 500 dropped 24.44, to 883.91.
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