Skip to main content
Advertising

Originally published May 13, 2013 at 6:52 AM | Page modified May 13, 2013 at 8:12 AM

  • Share:
           
  • Comments (0)
  • Print

US stock market falls after retail sales report

The U.S. stock market is falling in early trading to begin a week full of hints about the health of the nation's retailers.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

NEW YORK —

The U.S. stock market is falling in early trading to begin a week full of hints about the health of the nation's retailers.

Americans boosted spending at retail stores in April, according to the Commerce Department, surprising some economists. Earlier declines on major markets were cut in half after the report.

The Dow Jones industrial average was down 27 points to 15,091, a decline of 0.2 percent, shortly after the market opened Monday. The broader Standard & Poor's 500 index fell two points to 1,631, also down 0.2 percent.

The Nasdaq fell one point to 3,434.

A number of big chains are posting earnings this week, including beleaguered J.C. Penney.

Macy's posts earnings on Wednesday, followed by Wal-Mart, Nordstrom and J.C. Penney on Thursday.

News where, when and how you want it

Email Icon

Meet the winemakers

Meet the winemakers

View video interviews, conducted by The Seattle Times wine writer Andy Perdue, profiling five of our state's top winemakers.

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►