U.S. Markets closed
  • S&P Futures

    3,230.25
    -1.00 (-0.03%)
     
  • Dow Futures

    26,684.00
    -1.00 (-0.00%)
     
  • Nasdaq Futures

    10,811.00
    -18.00 (-0.17%)
     
  • Russell 2000 Futures

    1,450.90
    +4.20 (+0.29%)
     
  • Crude Oil

    39.56
    -0.37 (-0.93%)
     
  • Gold

    1,863.90
    -4.50 (-0.24%)
     
  • Silver

    22.36
    -0.74 (-3.20%)
     
  • EUR/USD

    1.1663
    +0.0001 (+0.0117%)
     
  • 10-Yr Bond

    0.6760
    +0.0120 (+1.81%)
     
  • Vix

    28.58
    +1.72 (+6.40%)
     
  • GBP/USD

    1.2716
    -0.0009 (-0.0725%)
     
  • BTC-USD

    10,314.41
    +64.94 (+0.63%)
     
  • CMC Crypto 200

    208.80
    -5.17 (-2.42%)
     
  • FTSE 100

    5,899.26
    +69.80 (+1.20%)
     
  • Nikkei 225

    23,214.49
    -132.00 (-0.57%)
     

Stocks Open Mixed After Retail Sales Slowed; Dow Down 122

By Liz Moyer

Investing.com -- Stocks opened mixed on Friday as investors took in data showing retail sales slowed more than expected in July.

The Dow Jones Industrial Averageand S&P 500 dipped at the opening of trading in the U.S., while the NASDAQ Compositewas flat. The S&P has been headed toward a new record in recent sessions, which if achieved would be the fastest recovery from a 30% drop earlier this year after businesses shut down to stop the spread of Covid-19.

On Friday, new data showed domestic retail sales growth slowed more than expected in July, adding to worries about a wobbly post-pandemic economic recovery in the absence of a new U.S. fiscal stimulus bill.

Aggressive stimulus measures have helped Wall Street's main indexes bounce from a coronavirus-driven crash in March, and the S&P 500 briefly traded above its Feb. 19 record close for a second straight day on Thursday.

But the benchmark index has struggled to top its all-time high of 3,393.52, which was also hit on Feb. 19.

-- Reuters contributed to this report

Related Articles

Baidu Slips on Weak Forecast, SEC Investigation into iQiyi

U.S. judge rejects GM bid to reopen racketeering case against Fiat Chrysler

Retailers launch coalition to fight counterfeits on Amazon