U.S. Stocks Fall as Retailers Slump Amid Budget Deadline

U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday. Nine out of 10 groups in the S&P 500 (SPX) retreated. Coach Inc. (COH) and Ralph Lauren Corp. …

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U.S. Stocks Fall as Retailers Slump Amid Budget Deadline