Tue, 03 Dec 2013 15:24:11 GMT
U.S. shares drop for third day ahead of economic data
U.S. shares retreated, making it the third straight day of declines for Standard & Poor's 500 Index after its previous record, as the economic data are awaited for indications on when the Fed will scale back its stimulus. The S&P 500 slid 0.2% to 1,798.24 as of 9:30 a.m. New York time; however, the gauge has rallied 26% this year,