By and  on October 24, 2012

Retail stocks fell 1 percent on Wall Street today with J.C. Penney Co. Inc. and weighing on the sector.

The S&P 500 Retailing Industry Group fell 6.70 points to 636.71 points, as the Dow Jones Industrial Average fell a milder 0.2 percent, or 25.19 points, to 13,077.34 following a dour assessment of the economy from the Federal Reserve.

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