Wall Street down for 3rd day, retail weak

US stocks fell for a third straight day today, dragged lower by retail stocks after a report showed consumers spent less in the holiday shopping season than last year.

The Dow Jones industrial average slipped 24.49 points, or 0.19 percent, to 13,114.59 at the close. The Standard & Poor's 500 Index shed 6.83 points, or 0.48 percent, to 1,419.83. The Nasdaq Composite Index dropped 22.44 points, or 0.74 percent, to 2,990.16.