By and  on January 13, 2014

U.S. retail stocks suffered their worst session of the new year today as investors continued to wrestle with ominous signs about retailers’ fourth-quarter profits.

The S&P 500 Retailing Industry Group dropped 1.7 percent to 915.55, putting the retail index 2.6 percent below the 939.80 mark at which it closed 2013.

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