US retail sales slump adds uncertainty to stock market outlook

US retail sales slump adds uncertainty to stock market outlook

Wall Street stocks finished mixed Friday following lacklustre US retail sales data in a muted finale to a volatile week. US retail sales fell 0.9 per cent between December and January to $723.9 billion, partly due to slumping auto sales. The report missed estimates in the biggest month-on-month decline since early 2023. The drop was

 
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Source: US retail sales slump adds uncertainty to stock market outlook

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