The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery. The three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on exporters.
* U.S. retail sales rose in August. * Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% * Dollar hits nearly three-week high. * Gold falls by more than 2% By Elizabeth Dilts Marshall. Global share markets edged lower globally on Thursday as concerns about investments in China and a mixed day on Wall Street outweighed positive economic data in the United States.
* Retail sales unexpectedly rise in August. * Crude prices retreat, pressuring energy shares. * Ford announces increased production of electric pickup. * Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% By Stephen Culp.
By Stephen Culp. The S&P 500 ended slightly lower on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery. The three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on exporters.
* MSCI World Shares fall, Stoxx 600 up. * U.S. retail sales rose in August. * Dollar hits three-week high. * Gold falls by nearly 3% By Elizabeth Dilts Marshall. Markets dipped globally on Thursday as concerns about investments in China and a down day on Wall Street outweighed positive economic data in the United States.
* Retail sales unexpectedly rise in August. * Crude prices retreat, pressuring energy shares. * Ford announces increased production of electric pickup. * Indexes down: Dow 0.17%, S&P 0.17%, Nasdaq 0.01% By Stephen Culp.
The dollar hit a near 3-week high against a basket of currencies on
Thursday after data showed U.S. retail sales unexpectedly increased in August, easing some concerns about a
sharp slowdown in ...
* Retail sales unexpectedly rise in August. * Weekly jobless claims slightly above expectations. * Futures down: Dow 0.05%, S&P 0.1%, Nasdaq 0.29% By Ambar Warrick. Sept 16 - Wall Street indexes were set to open flat on Thursday, with economically sensitive sectors likely to gain as retail sales rose more than expected, indicating resilience in economic recovery.
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