By and  on June 24, 2013

Concerns about Chinese bank liquidity drove down stocks in Europe Monday while U.S. equities were able to escape the most severe selling pressures.

Down more than 2 percent at midday, the S&P 500 Retail Industry Group finished the day off 1 percent, or 7.35 points, at 765.56, running parallel to the Dow Jones Industrial Average and S&P 500, which respectively dropped 0.9 percent to 14,659.56 and 1.2 percent to 1,573.09.

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