Saturday, January 14, 2012

Data, Chevron drag Wall Street lower (Reuters)

NEW YORK (Reuters) ? Stocks hit session lows on Thursday as weak retail sales and job market data alongside a profit warning from energy major Chevron made a dent in investor sentiment.

The Dow Jones industrial average (.DJI) lost 38.78 points, or 0.31 percent, to 12,410.67. The S&P 500 Index (.SPX) dropped 3.99 points, or 0.31 percent, to 1,288.49. The Nasdaq Composite (.IXIC) fell 9.80 points, or 0.36 percent, to 2,700.96.

The S&P 500 was still near five-month highs after rising in six of the first seven sessions of the year.

(Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120112/bs_nm/us_markets_stocks

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