Stocks close lower on Wall Street

NEW YORK – The stock market is ending lower after Macy’s disappointed investors with a weak quarterly profit, casting doubt about how willing shoppers are to spend and support the U.S. economy. 

The Dow Jones industrial average fell 113 points, or 0.7 percent, to close at 15,337 today. The Standard & Poor’s 500 index was down eight points, or 0.5 percent, at 1,685. The Nasdaq was down 15 points, or 0.4 percent, at 3,669.

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