Dow Off 15 Despite Retail News

By Harry Kimball,  Newser Staff
Posted May 22, 2009 3:13 PM CDT
Dow Off 15 Despite Retail News
Traders work on the floor of the New York Stock Exchange.   (AP Photo)

A strong retail sector and defensive buying ahead of the holiday weekend couldn’t correct a general malaise that left markets down slightly today, the Wall Street Journal reports. Sears was up 12% on a Q1 profit. Little movement in financials was welcome to some who believe the sector is stabilizing. The Dow was off 14.81 to 8,277.32. The S&P fell 1.33, ending at 887. And the Nasdaq sank 3.24 to 1,692.01.

For the week, the Dow was up 0.1%, the S&P tacked on 0.47%, and the Nasdaq rose 0.71%. (Read more financial sector stories.)

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