By  on August 27, 2012

Retail stocks slumped on Wall Street today, but Tiffany & Co. managed to bring a little sparkle to the day even as it reduced its annual profit guidance for the second quarter running.

The S&P Retail Index fell 0.4 percent, or 2.58 points, to 642.40, as the Dow Jones Industrial Average slipped 0.3 percent, or 33.30 points, to 13,124.67.

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