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Stocks dip as American Eagle cuts forecast on weak demand
Wall Street fell amid weaker profit outlooks with the S&P 500 down 0.6 percent to 1697.37 and the Dow at 15518.74. American Eagle slid 12 percent after slashing its earnings forecast in half, hit by lower margins from discounting. Abercrombie & Fitch and Urban Outfitters also declined.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
S&p
American Eagle
Abercrombie & Fitch
Urban Outfitters
Dow
IBM
Credit Suisse
U.S