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Global Indices End Down on Thursday

In the U.S., the Dow Jones Industrial Average slipped 0.1 percent to 16,846.13, while the S&P 500 Retailing Industry Group was down 0.2 percent to 888.03.

Most major global indices ended their trading sessions down on Thursday.

In the U.S., the Dow Jones Industrial Average slipped 0.1 percent to 16,846.13, while the S&P 500 Retailing Industry Group was down 0.2 percent to 888.03.

Among the retail gainers were American Apparel Inc., up 9.4 percent to 74 cents. Cache Inc. and Pacific Sunwear of California Inc. each rose 2.6 percent to $1.57 and $2.37, respectively.

Among the stocks that lost ground were Elizabeth Arden Inc., down 17 percent to $22.41. Arden earlier this week announced some cost-cutting measures. Stage Stores Inc. decreased 3.4 percent to $18.46.  

Overseas, the European stock markets also closed on a down note Thursday, with the exception of the FTSE 100 in London, which eked out a marginal gain of 0.02 percent to 6,735.12.

The DAX in Frankfurt sank 0.6 percent to 9,804.90, followed by the CAC 40 in Paris, 0.5 percent to 4,439.63, and the FTSE MIB in Milan, 0.4 percent to 21,384.54.

The euro traded at $1.36, while the pound fetched $1.70, and the Swiss franc equaled $1.12.

Retail and luxury stocks were uneven, with the day’s biggest fallers including Mysale.com, 4 percent to 2.15 pounds; Italia Independent Group, 4.8 percent to 30 euros; French Connection, 5.2 percent to 0.62 pounds; and Aeffe, 3.6 percent to 1.19 euros.

Among the stocks that gained the most ground were Salvatore Ferragamo, 3.6 percent to 21.54 euros; Asos.com, 2.5 percent to 29.68 pounds and Ted Baker, 3.4 percent to 17.79 pounds.