Retailers pull stocks lower on poor holiday sales - 13 WTHR Indianapolis

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Retailers pull stocks lower on poor holiday sales

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Heat rally to beat Spurs, force Game 7
Heat rally to beat Spurs, force Game 7
Updated: Wednesday, June 19 2013 12:23 AM EDT2013-06-19 04:23:51 GMT
LeBron James shrugged off a poor start to get 32 points, 11 assists and 10 rebounds, Ray Allen hit a 3-pointer with 5.2 seconds to play to force overtime and the Miami Heat staved off elimination withMore >>
Ray Allen hit a 3-pointer with 5.2 seconds to play to force overtime and the Miami Heat staved off elimination with a 103-100 victory over the San Antonio Spurs in Game 6 of the NBA Finals on Tuesday night.More >>
Landlords tell residents to take down American flag
Landlords tell residents to take down American flag
Updated: Tuesday, June 18 2013 11:12 PM EDT2013-06-19 03:12:37 GMT
You'll be seeing a lot of American flags displayed in the coming weeks as we approach the Fourth of July. It's your right to fly the flag at your home. There's a law that says so, but if you live atMore >>
Hoosiers are being ordered to take down Old Glory at some area apartment complexes and it could cost them if they refuse.More >>
Girl, 16, drowns in Harrison County river
Girl, 16, drowns in Harrison County river
Updated: Tuesday, June 18 2013 10:39 PM EDT2013-06-19 02:39:29 GMT
A teenager drowned Tuesday in a river in southern Indiana. Conservation officers say the 16-year-old girl and a friend were swimming near a dam on the Blue River in Milltown when she was overcome by swiftMore >>
A teenager drowned Tuesday in a river in southern Indiana.More >>
Asbestos found at Belmont Ave. fire scene
Asbestos found at Belmont Ave. fire scene
Updated: Tuesday, June 18 2013 10:27 PM EDT2013-06-19 02:27:24 GMT
A fire that could be seen over 20 miles away Saturday is now being inspected close up. An elite team of federal investigators gets to work Tuesday in Indianapolis looking for whatever sparked a massiveMore >>
Homeland Security and health officials have determined there is asbestos in the tile flooring, insulation and roofing materials of the Belmont Ave. warehouse that burned Saturday.More >>
Interim IPS superintendent proposes plan to cut $10M from budget
Interim IPS superintendent proposes plan to cut $10M from budget
Updated: Tuesday, June 18 2013 10:13 PM EDT2013-06-19 02:13:34 GMT
The interim superintendent of Indianapolis Public Schools proposed her recommendations to trim the district's budget shortfall at a meeting Tuesday night. Dr. Peggy Hinckley introduced a plan to cut $9More >>
The interim superintendent of Indianapolis Public Schools proposed her recommendations to trim the district's budget shortfall at a meeting Tuesday night.More >>
Columbus council passes first vote on BB gun ordinance
Columbus council passes first vote on BB gun ordinance
Updated: Tuesday, June 18 2013 9:43 PM EDT2013-06-19 01:43:00 GMT
City officials in Columbus are scheduled to talk about a proposed law Tuesday night that would make it illegal for kids and teens to fire BB guns within the city limits of Columbus. Police and city leadersMore >>
City officials in Columbus passed an ordinance Tuesday night that would make it illegal for kids and teens to fire BB guns within the city limits of Columbus.More >>
Messer to propose bill protecting schools from healthcare law
Messer to propose bill protecting schools from healthcare law
Updated: Tuesday, June 18 2013 9:08 PM EDT2013-06-19 01:08:45 GMT
An Indiana congressman plans to introduce legislation shielding schools from penalties incurred by the Patient Protection and Affordable Care Act. Congressman Luke Messer (R-Indiana) told Education SecretaryMore >>
An Indiana congressman plans to introduce legislation shielding schools from penalties incurred by the Patient Protection and Affordable Care Act.More >>
18 mayors: Limit use of food stamps to buy soda
18 mayors: Limit use of food stamps to buy soda
Updated: Tuesday, June 18 2013 7:59 PM EDT2013-06-18 23:59:14 GMT
The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting government food vouchers be used to buy soda and other sugary drinks. In a letter to congressionalMore >>
The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting government food vouchers be used to buy soda and other sugary drinks.More >>
House passes far-reaching anti-abortion bill
House passes far-reaching anti-abortion bill
Updated: Tuesday, June 18 2013 6:56 PM EDT2013-06-18 22:56:24 GMT
The Republican-led House has passed a far-reaching anti-abortion bill, giving conservatives a claim to progress in their campaign against legal abortions and Democrats another reason to claim that theMore >>
The Republican-led House has passed a far-reaching anti-abortion bill, giving conservatives a claim to progress in their campaign against legal abortions and Democrats another reason to claim that the Republican agenda is anti-women.More >>
Misunderstanding results in cat on graduation cake
Misunderstanding results in cat on graduation cake
Updated: Tuesday, June 18 2013 6:45 PM EDT2013-06-18 22:45:37 GMT
An misunderstanding over a graduation cake is quickly going viral. A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking theMore >>
A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking the order heard something different.More >>

NEW YORK -

Retailers are pulling stocks lower on Wall Street following disappointing news about the holiday shopping season.

The Dow Jones industrial average fell 59 points to 13,079 shortly before noon Wednesday.

The Standard & Poor's 500 index fell nine points to 1,417 and the Nasdaq composite lost 26 points to 2,986.

Discouraging news on holiday sales sent retailers lower. Macy's and Urban Outfitters each lost 3 percent.

In the two months before Christmas, sales of electronics, clothing, jewelry and home goods increased just 0.7 percent compared with the same period last year, according to The MasterCard Advisors SpendingPulse report.

That's well below the growth of 3 to 4 percent growth that analysts had expected and the worst performance since 2008.

Trading was relatively quiet. European markets were still closed.

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Brownsburg Police hunt for armed robbery suspect
Brownsburg Police hunt for armed robbery suspect
Updated: Tuesday, June 18 2013 6:12 PM EDT2013-06-18 22:12:50 GMT
An armed robbery suspect struck again Tuesday, and police set up a huge perimeter in hopes of catching the suspect. Investigators suspect one person is responsible for several robberies on the west side,More >>
An armed robbery suspect struck again Tuesday, and police set up a huge perimeter in hopes of catching the suspect.More >>
Jennings County boy, 16, accidentally shoots 12-year-old brother
Jennings County boy, 16, accidentally shoots 12-year-old brother
Updated: Tuesday, June 18 2013 12:23 PM EDT2013-06-18 16:23:07 GMT
A 16-year-old boy accidentally shot his 12-year-old brother while handling a firearm in their home late Monday night. Jennings County deputies were called to a home in Sand Creek Township near CR 1000More >>
A 16-year-old boy accidentally shot his 12-year-old brother while handling a firearm in their home late Monday night.More >>
Pedestrian struck, killed on Indianapolis east side
Pedestrian struck, killed on Indianapolis east side
Updated: Tuesday, June 18 2013 9:19 AM EDT2013-06-18 13:19:12 GMT
Police are investigating a fatal accident involving a pedestrian. IMPD is looking for a gray or silver sedan that left the scene traveling north on Dr. Andrew J. Brown Avenue just before midnight.More >>
Police are investigating a fatal accident involving a pedestrian on the east side. IMPD is looking for a gray or silver sedan that left the scene traveling north on Dr. Andrew J. Brown Avenue just before midnight.More >>
Pedestrian hit downtown
Pedestrian hit downtown
Updated: Tuesday, June 18 2013 8:43 AM EDT2013-06-18 12:43:10 GMT
A vehicle hit a pedestrian in downtown Indianapolis Tuesday morning.More >>
A vehicle hit a pedestrian in downtown Indianapolis Tuesday morning.More >>
Police name suspect in Waynesville murders
Police name suspect in Waynesville murders
Updated: Tuesday, June 18 2013 5:12 PM EDT2013-06-18 21:12:00 GMT
The suspect in a quadruple homicide in Waynesville last month is behind bars. Bartholomew County Sheriff Mark Gorbett told Eyewitness News 55-year-old Sam Sallee was arrested at a Columbus home May 13,More >>
Bartholomew County Sheriff Mark Gorbett told Eyewitness News 55-year-old Sam Sallee was arrested at a Columbus home May 13, two days after four people were murdered in a home in Waynesville.More >>
Officials: Unknown substance closed beaches
Officials: Unknown substance closed beaches
Updated: Tuesday, June 18 2013 2:48 PM EDT2013-06-18 18:48:26 GMT
The Coast Guard says it can't find any sign of shiny metallic flakes in Lake Michigan that led to beach closures. Coast Guard Seaman James Connor says a helicopter brought in from Traverse City, Mich.,More >>
The Coast Guard says it can't find any sign of shiny metallic flakes in Lake Michigan that led to beach closures.More >>
Man wants guns back that Bloomington police seized
Man wants guns back that Bloomington police seized
Updated: Tuesday, June 18 2013 3:55 AM EDT2013-06-18 07:55:30 GMT
A man whose 50 guns were seized when police found him watching a Bloomington bar where an Indiana University student was partying the night she went missing is asking a court to make police return hisMore >>
A man whose 50 guns were seized when police found him watching a Bloomington bar where an Indiana University student was partying the night she went missing is asking a court to make police return his weapons.More >>
High court: Democrats' walkout fines will stand
High court: Democrats' walkout fines will stand
Updated: Tuesday, June 18 2013 12:02 PM EDT2013-06-18 16:02:52 GMT
The Indiana Supreme Court has ruled that the fines will stand for Indiana Democrats who walked out of the 2011 legislative session. In an opinion issued Tuesday, the Indiana Supreme Court said it wouldn'tMore >>
The Indiana Supreme Court has ruled that the fines will stand for Indiana Democrats who walked out of the 2011 legislative session.More >>
Woman, 3 teenage daughters shot in Nashville
Woman, 3 teenage daughters shot in Nashville
Nashville police were searching Friday night for a man they said shot his girlfriend and her three teenage daughters at an apartment complex and then fled the scene barefoot.More >>
Nashville police were searching Friday night for a man they said shot his girlfriend and her three teenage daughters at an apartment complex and then fled the scene barefoot.More >>
Sex charges fly in Menard-Hilbert legal battle
Sex charges fly in Menard-Hilbert legal battle
Updated: Monday, June 17 2013 9:36 PM EDT2013-06-18 01:36:37 GMT
A lawsuit claims billionaire hardware kingpin John Menard pressured the wife of a business partner to have sex with Menard and his wife and retaliated with firings and lawsuits when she turned him down.

More >>
A lawsuit claims billionaire hardware kingpin John Menard pressured the wife of a business partner to have sex with Menard and his wife and retaliated with firings and lawsuits when she turned him down.More >>

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Retailers pull stocks lower on poor holiday sales - 13 WTHR Indianapolis

Retailers pull stocks lower on poor holiday sales

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