Wall Street flat as retail shares lag
U.S. stocks were flat with the Dow edging lower on Thursday as consumer stocks fell after May sales at many retailers failed to meet expectations.
Lackluster consumer spending and data showing a fall in jobless claims and a rise in productivity offered a mixed picture of the economy.
The Dow Jones industrial average <.DJI> was off 7.66 points, or 0.09 percent, to 8,667.62. The Standard & Poor's 500 Index <.SPX> added 0.73 points, or 0.08 percent, to 932.49. The Nasdaq Composite Index <.IXIC> gained 5.57 points, or 0.31 percent, to 1,831.49.
(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)
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