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Wall Street dips as retailers lag

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Reuters NEW YORK
Last Updated : Dec 23 2016 | 2:48 AM IST

NEW YORK (Reuters) - U.S. stocks fell on Thursday, weighed down by a dip in retailers, as investors stepped back from a recent rally fuelled by optimism that President-elect Donald Trump will invigorate economic growth.

The Dow Jones Industrial Average fell 22.95 points, or 0.12 percent, to 19,919.01, the S&P 500 lost 4.22 points, or 0.19 percent, to 2,260.96 and the Nasdaq Composite dropped 24.01 points, or 0.44 percent, to 5,447.42.

(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Dec 23 2016 | 2:34 AM IST

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