U.S. Stocks Retreat on Valuations, Retailers Decline

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Jan. 6 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks fell after the Standard & Poor’s 500 Index climbed to the most-expensive valuation since June and December sales trailed estimates at retailers, outweighing growing optimism in the jobs market. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

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