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S&P 500 Retreats as Weak Retail Sales and Sticky Inflation Dent AI Rally

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • stocks retreated from record highs after retail sales unexpectedly dropped 0.6%, raising concerns over consumer spending.
  • Higher oil prices also revived inflation worries, pulling down the S&P 500, Dow, and Nasdaq.
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US500 price history

7656.98 +14.20% over the displayed period

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