US stocks slide amid bank losses and department store woes

Stocks on Wall Street slipped on Thursday as interest rates dropped and banks took sharp losses.

US stocks slide amid bank losses and department store woes

Stocks on Wall Street slipped on Thursday as interest rates dropped and banks took sharp losses.

Department stores tumbled as Macy's and Kohl's plunged following weak holiday-season reports that led the chains to cut their profit forecasts.

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