U.S. retail stocks took a step back Wednesday after six consecutive positive trading days as uncertainty about the Federal Reserve’s plans continued to weigh on the overall market.
The S&P Retailing Industry Group was off 1.3 percent to 836.47, ending a run of six sessions in which it had risen to record levels. In the broader market, the Dow Jones Industrial Average and the S&P 500 logged their third consecutive day of declines, dropping 0.3 and 0.4 percent, respectively, to 15,470.67 and 1,690.91 as investors worried about the timing and scope of reductions in the Fed’s stimulus program.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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