By  on December 24, 2008

Retail stocks retreated in quiet trading Tuesday following discouraging reports about holiday and housing sales and gross domestic product.

The Standard & Poor’s Retail Index fell 3.78 points, or 1.4 percent, to close at 268.87, giving up more ground than the Dow Jones Industrial Average, down 1.2 percent at 8,419.49, or the S&P 500, down 0.7 percent at 863.16.

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