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Dow trades modestly lower, S&P 500 wavers as traders digest strong retail sales data

Por: MarketWatch Business February 15, 2023

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What’s driving markets Stock indexes traded mixed Wednesday after that U.S. retail sales jumped 3% in January, the biggest increase in almost two years. Economists polled by the Wall Street Journal forecasted a rise of 1.9%. “U.S. stocks softened after an upside surprise with retail sales supports the idea that the Fed can remain very aggressive with fighting inflation,” said Edward Moya, Senior Market Analyst, at Oanda. ​ “The US... + full article



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