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Retail reins in Wall Street

December 22, 2008

Wall Street was weighed down by worries about the retail sector, with investors also concerned about corporate outlooks. The Dow shed 59.42 points, to 8519.69. The S&P 500 subtracted 16.25 points to 871.63. The Nasdaq lost 31.97 points to 1532.35. Diane King reports from New York.