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:
  • Retail sales post biggest drop in 9 months amid weak holiday spending
    Stripping out the effect of price fluctuations, December’s sales volume was down 1.0 per cent. 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 per ...
    02/22/2017 - 12:51 am | View Link
  • 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 ...
    02/21/2017 - 8:11 pm | View Link
  • Weak eurozone inflation raises prospect of ECB action
    The flash eurozone inflation data for August is coming up at 10am ... Despite this morning’s better-than-expected German data (on unemployment and monthly retail sales), the DAX is lagging other European indices, down 0.1% at 10,650.
    08/31/2016 - 2:20 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 - 2:56 pm | View Link
  • Consumer credit market cracks, implies weak consumer
    Positive first data, retail ... than total sales as consumer companies push financing to buoy average ticket and conversion rates. Looser lending and aggressive promotions, such as longer terms at 0% interest, artificially boost sales figures, including ...
    06/14/2016 - 11:01 am | View Link
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