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Dow extends record, S&P 500 rises as software shares bounce: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq tip higher after weak retail sales fuel Fed cut bets Yahoo FinanceS&P 500, Nasdaq fall as communication services, tech stocks weigh ReutersStock Market Today: Dow Rises After Retail Sales Undershoot Estimates — Live Updates The Wall Street Journal
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Sales at U.S retailers fizzled at the end of the holiday shopping season, suggesting consumers worried about the economy might be cutting back on spending as the new year got underway.
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Consumer activity slowed sharply for the December holiday shopping season.
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Tuesday's flat reading on December retail sales was translating into concerns that U.S. growth may not be as strong as previously presumed — resulting in what will likely be a lower path for both interest rates and inflation this year.
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