showed that sales for U.S retailers strengthened again last month, but by less than economists expected.
More stocks across Wall Street were falling than rising, but the moves were mostly modest. The Dow Jones Industrial Average was down 64 points, or 0.2%, at 27,830, as of 10:08 a.m. Eastern time, while the Nasdaq composite dipped 0.2%.Consumer spending is the main locomotive for the U.S. economy, so investors paid close attention to the report showing that sales at grocery stores, gas stations and other retailers rose 1.2% last month from June.
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It’s fugazi.
Well thank GOD it's on track for a solid gain. Meanwhile, 167,000 are dead with no end in sight. Awesome work, AP.
Honestly some S&P stocks are over priced so them steadily going lower at this stage is actually not a bad thing. No one wants a plunge
Imagine where it would be if not artificially propped by the Fed.
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