The Dow Jones Industrial Average fell 764.13 points, or 2.25%, to 33,202.22 — in its worst day since September as hopes for a year-end rally diminished. The disappointing retail sales report suggested inflation is taking a toll on consumers. Retail sales fell 0.6% in November, according to the Commerce Department. The Dow closed below 34,000 on Wednesday and then the selling intensified on Thursday following the poor retail sales data. Bank shares also declined as fears of a recession increased.
