News Formal

U.S. stocks open lower after weaker-than-expected retail sales

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

U.S. stocks opened modestly lower Tuesday after fresh data showed retail sales in April rose less than forecast. The Dow Jones Industrial Average was down 0.4% soon after the opening bell:

U.S. stocks opened modestly lower Tuesday after fresh data showed retail sales in April rose less than forecast. The Dow Jones Industrial Average DJIA, -0.53% was down 0.4% soon after the opening bell, while the S&P 500 SPX, -0.31% slid 0.

3% and the Nasdaq Composite COMP, -0.07% shed 0.3%, according to FactSet data, at last check. Sales at U.S. retailers increased 0.4% in April, according to a report Tuesday from the U.S. Census Bureau. Economists polled by The Wall Street Journal had forecast a 0.8% rise in retail sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

U.S. stocks finish higher, Dow snaps 5-day losing streak as investors eye debt-ceiling talksU.S. stocks finished higher on Monday, with the Dow Jones Industrial Average snapping a 5-day losing streak, as investors continued to monitor talks about a deal to raise the U.S. debt ceiling. The Dow rose by 47.98 points, or 0.1%, to 33,348.60:
Source: MarketWatch - 🏆 3. / 97 Read more »