A surprising tightening in the services industry and drop in retail sales last month damaged stocks on Thursday.
The S&P 500 fell 0.8 percent to 1,099.92 while the Dow Jones Industrial Average lost 0.8 percent to 10,366.15 and the Nasdaq was down 0.5 percent to 2,173.14.
The numbers were a disappointment after a successful morning fueled by reports that fewer unemployment claims were filed last week.
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