By  on July 12, 2012

U.S. stocks waned today even as the government reported a sharper-than-anticipated improvement in initial jobless claims last week.

The S&P Retail Index was down 0.3 percent, or 1.68 points, to 604.7 as trading settled. The Dow Jones Industrial Average fell 0.3 percent, or 31.26 points, to 12,573.27.

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