Morning Bid: Could Consumers Keep the Fed on Hold, While Japan Hikes?
Weak retail sales eased bets on more Federal Reserve hikes and sent the S&P 500, Dow Jones and Nasdaq lower from record levels.
- On Friday, U.S. stocks retreated from record highs after retail sales fell for the first time in nine months, signaling a potential shift in consumer spending momentum.
- Economists were surprised by the pullback, as shoppers spent less at retailers last month than previously forecast, raising concerns about a potential slowdown despite inflation relief.
- The S&P 500 slipped 0.2 per cent from its record, while Applied Materials fell 5.1 per cent despite strong earnings; the Dow Jones Industrial Average dipped 107 points and the Nasdaq composite sank 0.3 per cent.
- Jennifer Timmerman, senior investment strategy analyst at Wells Fargo Investment Institute, cautioned against overreaction, suggesting the decline may reflect a snap-back from tax refunds, the World Cup, and Amazon Prime Day.
- Investors now turn attention to earnings reports from Walmart and Home Depot this week, while market participants assess whether slowing inflation will prompt the Federal Reserve to hold off on rate hikes.
12 Articles
12 Articles
Morning Bid: Could consumers keep the Fed on hold, while Japan hikes?
Aug 17 (Reuters) - A look at the day ahead in European and global markets from Tom Westbrook The indomitable U.S. consumer may finally have taken a beat, and Friday's figures showing the first fall in U.S. retail sales for nine months will put the spo...
DJIA and NASDAQ Slide As Weak Retail Sales And Consumer Sentiment Data Fuel U.S. Economic Fears
Stocks closed lower Friday as disappointing retail sales and consumer sentiment data raised fresh concerns about the health of the U.S. economy and corporate earnings. The S&P 500 Index (NYSE: SPY) fell by -0.17%, the Dow Jones Industrial Average (NYSE: DIA) declined by -0.20%, and the Nasdaq 100 Index (NASDAQ: QQQ) dropped by -0.13% to close out the week. July U.S. retail sales fell -0.6% month-over-month, a significant miss against market expe…
US Federal Reserve reassesses rate expectations after weak retail sales
The Fed's reassessment of rate hikes amid weak consumer data signals potential shifts in monetary policy, impacting market stability and growth. The post US Federal Reserve reassesses rate expectations after weak retail sales appeared first on Crypto Briefing.
FTSE 100 Climbs 0.12% to 10,763 as Soft US Retail Data Trims Federal Reserve Rate Hike Bets
The FTSE 100 index rebounded on Monday, driven by weaker U.S. retail sales data that reduced rate hike expectations, with mining stocks leading the recovery amid firming industrial metal prices.
Why Is the UK Stock Market Up Today? FTSE 100 Rebounds on Easing US Rate-Hike Concerns; FTSE 250, FTSE 350 Up Slightly
FTSE 100 traded higher on August 17, 2026, recovering some of last week’s losses as weaker US retail sales reduced expectations of an imminent Federal Reserve rate hike and improved global market sentiment. The post Why Is the UK Stock Market Up Today? FTSE 100 Rebounds on Easing US Rate-Hike Concerns; FTSE 250, FTSE 350 Up Slightly appeared first on The Sunday Guardian.
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