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 »

Topics:  wall street thursday   americans   china   continue   stocks   
  • 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
  • Consumers stand to gain from weak retail sales figures
    Statistics SA (Stats SA) retail sales figures for June grew below market expectations ... it’s much harder for the sellers – in other words the retail sector – to push prices up, so that’s helping to slow down the rate of inflation,” he says.
    08/18/2016 - 2:43 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
  • 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
  • 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 thought. American shoppers slowed their spending in June, resulting in ...
    07/5/2012 - 11:13 am | View Link
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    Read the latest business retail related news from Australia and around the world. Visit the website to find out more.
    07/17/2017 - 6:25 am | View Website
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    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/17/2017 - 4:30 am | View Website
  • Retail spending up 1 per cent to $25.89 billion in April
    Retail spending has rebounded sharply in April, helped by stronger business at department stores and a lift in sales by cafes and restaurants.
    07/17/2017 - 12:48 am | View Website
  • fastFT
    US banks remain under scrutiny next week as Bank of America and Goldman Sachs report results, while overseas, investors are likely to watch the latest growth figures ...
    07/16/2017 - 10:32 pm | View Website
  • U.K. Retail Sales Fall More Than Forecast as Squeeze Hits ...
    U.K. retail sales plunged in May for the second time in three months as rising inflation ate into the purchasing power of consumers.
    06/15/2017 - 12:29 am | View Website
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