The US stock benchmarks have opened the week's primary trading session today (November 26th) on the back foot.
Wall Street ended Friday on a high as a result of the Black Friday sales following the Thanksgiving holiday in the US.
Retail technology company ShopperTrak estimated that consumers parted with around $11.2 billion (£6.9 billion) in shops throughout the world's largest economy on November 23rd.
However, this is 1.8 per cent lower than last year's total, with the number of people hitting the malls and shopping precincts being tempered in 2012 on account of the hundreds of thousands of people who took advantage of the discounts available online.
ShopperTrack said retail foot traffic was up by 3.5 per cent to more than 307.6 million stores visited, indicating that some individuals are happy to visit outlets and browse rather than buy.
At 16:10 GMT, the Dow Jones retreated by 0.5 per cent to 12934.2 points, while the Nasdaq inched marginally lower to an index value of 2904 points.
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