S&P 500 Slips After US Retail Sales Drop 0.6% in July
Weak July retail sales and a sharp drop in consumer sentiment knocked U.S. equities from record highs, tempering AI-driven enthusiasm. Markets now weigh Federal Reserve easing expectations against signs the U.S. consumer may be faltering. Oil and Middle East risks add another layer of volatility.
Source: freemalaysiatoday.com · Rob Curran