US: Wall St opens lower as retail sales data offsets earnings cheer
Add BT as a preferred source
WALL Street’s main indexes opened lower on Friday (Apr 14) as weak retail sales data for March suggested the economy was losing steam, while upbeat earnings from a trio of big US banks helped assuage fears of further stress in the sector.
The Dow Jones Industrial Average fell 47.98 points, or 0.14 per cent, at the open to 33,981.71.
The S&P 500 opened lower by 6.11 points, or 0.15 per cent, at 4,140.11, while the Nasdaq Composite dropped 48.36 points, or 0.40 per cent, to 12,117.91 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
The wealth gap is widening. The answer isn’t more handouts – it’s a stake
