By and  on February 25, 2013

The retail sector underperformed on Wall Street today as Dillard’s Inc. — the first major department store to report fourth-quarter results — disappointed investors even as earnings rose.

The S&P 500 Retailing Industry Group fell 2 percent, or 14.07 points, to 682.37, as the Dow Jones Industrial Average declined 1.6 percent, or 216.40 points, to 13,784.17.

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