Weak Retail Sales Figures Push Stocks Lower

Stocks closed mostly lower on Wall Street Thursday after signs emerged that Americans are spending at a slower pace and that China's economy may be in worse shape than previously…Click to Continue »

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BING NEWS:
  • Canada retail sales drop in December amid weak holiday spending
    Stripping out the effect of price fluctuations, December’s sales volume was down 1.0 percent. The retail figures bucked the trend of recent ... Kelvin said the data will push fourth-quarter growth closer to the central bank’s forecast of 1.5 percent ...
    02/22/2017 - 12:46 am | View Link
  • UPDATE 2-Canada retail sales drop in Dec amid weak holiday spending
    Stripping out the effect of price fluctuations, December’s sales volume was down 1.0 percent. The retail figures bucked the trend of recent ... Kelvin said the data will push fourth-quarter growth closer to the central bank’s forecast of 1.5 percent ...
    02/21/2017 - 11:00 am | View Link
  • Retail sales weak despite May rate cut
    "But the cold snap in June means clothing sales may have bounced back last month," she said. The worse than expected retail result added to a wider than forecast trade deficit for May, of $2.22 billion, to push the ... retail sales figures as "disappointing".
    07/4/2016 - 2:57 pm | View Link
  • A Surprisingly Weak Retail Sales Report For June
    Retail sales slumped in June, falling 0.3% versus the previous month ... there's enough forward macro momentum to push the jobless rate lower. That's a reason to think that the latest monthly slide in retail spending is a temporary setback rather than ...
    07/14/2015 - 12:23 pm | View Link
  • Wal-Mart pushes $98 TV amid forecasts of weak holiday sales
    The disparity between wealthy and lower-income shoppers is already showing up in chains' fourth-quarter profit estimates, with Tiffany & Co. projected to fare better than Wal-Mart and Kohl's Corp. U.S. retail sales excluding autos and gasoline grew 0.2 ...
    11/19/2013 - 2:00 am | View Link
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