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 - 1:15 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
  • UPDATE 1-Sterling drops on weak UK retail sales under Brexit shadow
    "After surprisingly weak numbers in December, sales figures for ... broker Xtrade. "Retail was the beating heart of the UK economy in 2016, so with consumer spending expected to slide in the coming months we could see the pound push lower against both ...
    02/16/2017 - 11:00 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
    The worse than expected retail result added to a wider than forecast trade deficit for May, of $2.22 billion, to push the Australian dollar down ... Westpac economist Matthew Hassan described the retail sales figures as "disappointing".
    07/4/2016 - 10:10 pm | View Link
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