US stocks close mixed amid sharp retail-sales slowdown and stimulus deadlock | Markets Insider

US stocks closed mixed on Friday after disappointing retail-sales data indicated that the economic rebound slowed in July.

Investors continue to expect further government stimulus, even though talks over the next package are at a standstill. The market will also be watching for news on trade talks, as senior US and Chinese officials were scheduled to meet on Saturday — but those meetings were postponed. US stocks closed mixed on Friday after disappointing retail-sales data indicated that the measure's ongoing rebound slowed in July as new coronavirus cases ticked up., lower than economists' estimates of a 2.3% increase and down from a revised 8.4% jump in June.

The S&P 500 again attempted to reach a new high, but finished mostly flat, just below its February level. If it had hit a new record, it would've marked the fastest-ever recovery from a bear market and erased all losses from the coronavirus pandemic meltdown.

You think they were slow in July? Wait till the August data comes out. It's going to be rough.

Told you all grab some $MNPR as a hedge nobody listens

Folk seriously need to save their money. UK in worse recession Folk running out of unemployment; health insurance Folk standing longest food bank lines since Great Depression Facade Stock bought with socialist tax paid bailout funds YET bailed corps letting employees go

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