Stock market today: Global stocks are mixed ahead of US retail sales data

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European markets have opened lower and Asian stocks were mixed ahead of the release of key U.S. economic data that might help sway a decision by the Federal Reserve on interest rates. U.S. futures were little changed and oil prices declined. Investors were awaiting U.S. retail sales data due out later Tuesday. On Monday, the S&P 500 climbed 0.

A person in traditional Japanese “kimono” walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, July 16, 2024, in Tokyo. People walk near an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, July 16, 2024, in Tokyo. A person in traditional Japanese “kimono” walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, July 16, 2024, in Tokyo.

Hong Kong’s Hang Seng index declined 1.6% to 17,727.98 and the Shanghai Composite index added 0.1% to 2,976.30.of China released Monday, when the government reported that annual economic growth had fallen from to 4.7% in the last quarter from 5.3% in January-March. The Dow Jones Industrial Average climbed 0.5% to 40,211.72 and set its own record, while the Nasdaq composite added 0.4% and ended a bit short of its all-time high.

 

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