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Category Archives: Retail sales
Led by the health care and tech sectors, U.S. stocks were broadly higher on Wednesday despite a weaker than expected July retail sales report.
Iraq’s swift descent into chaos sent crude oil prices higher, while stock prices and Treasury bond yields went lower. WTI and Brent grade crude increased by roughly $2-$3 a barrel on fighting near Iraq’s oil fields; the major U.S. stock … Continue reading
Led by a weak retail group, U.S. stocks were broadly lower on Tuesday, their first decline in three sessions.
Both the Dow and the S&P 500 closed at new record highs on Tuesday but stocks once again ended narrowly mixed, with NASDAQ and smaller caps stocks ending lower.
Thanks to a late afternoon rally, U.S. stocks rose on Monday, avoiding a third straight day of decline.
Stocks suffered their biggest losses in a month and a half, as investors were distressed by evidence of slowing economic growth in China and signs of Russian troop activity in Ukraine.
Traders and investors largely ignored more evidence of a weakening U.S. economy on Thursday, sending stock and bond prices higher.
U.S. stocks rebounded strongly from Monday’s losses, their worst day of the year, while bond prices fell for the first time in four days.
Global stocks were lower again on Thursday.
U.S. stocks appeared to be on their way to more gains on Friday, but selling in the last half hour of trading pinned small losses on the Dow (-0.1%) and S&P 500 (-0.1%) and trimmed NASDAQ’s gain from 0.6% around … Continue reading