News Summary: All 3 indexes fall on retailer woes

Published on NewsOK Modified: December 2, 2013 at 4:23 pm •  Published: December 2, 2013

WEAK START: Stocks have risen in December in most years since 1950, climbing an average 1.7 percent, and may do so this year. But they started off with a thud: All three major indexes closed lower.

SHOPPERS NEEDED: Shoppers turned out in record numbers over the four-day Thanksgiving weekend, but spent less than they did last year. It was the first decline since a retail trade group began tracking sales in 2006.

RETAILERS HIT HARD: J.C. Penney, Macy's and Target fell about 2 percent each. Urban Outfitters dropped nearly 4 percent.

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