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

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks closed mixed as investors weigh positive jobs data against stimulus stalemate | Markets InsiderUS stocks traded mixed on Thursday after weekly unemployment claims dipped below 1 million for the first time since the coronavirus pandemic dro...
Source: BusinessInsider - 🏆 729. / 51 Read more »

US airlines are banning vented masks, which the CDC says don't stop COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. NepaliWayfarer
Source: BusinessInsider - 🏆 729. / 51 Read more »

US weekly jobless claims fall below 1 million for the first time since March - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Vocal critics of the US pandemic response are emerging: it's central bankers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US and China are pressuring electronics manufacturers to pick sides - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »