Wall Street falls on growth fears

Muted consumer spending numbers cast shadow over economy, stocks close lower.

US stocks have closed slightly lower, as investors weighed the outlook for economic growth.

At the closing bell, the Dow Jones Industrial Average fell 21.38 points, or 0.1%, to 16,846.13. The S&P 500 index fell 2.31 points, or 0.1%, to 1,957.22, and the Nasdaq Composite Index slipped 0.71 point, or less than 0.1%, to 4,379.05.

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