By and  on April 4, 2014

Positive news about the U.S. job market helped European indices but failed to slow a sell-off in U.S. retail shares.

The S&P 500 Retailing Industry Group sank below 900, ending the day down 2 percent at 882.68. It marked the fourth sharpest reduction in the index this year and the worst day since a 2.5 percent drop on Feb. 3, putting year-to-date declines at 6.1 percent.

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