Global stocks mixed after weak US retail sales data | The Malaysian Insight

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Global stocks mixed after weak US retail sales data | The Malaysian Insight
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Global stocks mixed after weak US retail sales data

After opening modestly higher, major US indices spend the rest of Friday in the red. – AFP pic, April 15, 2023.

WALL Street stocks retreated yesterday following a positive session on European bourses, as disappointing US retail sales data offset a lift from better-than-expected bank earnings. Retail sales fell by a surprisingly big 1% in March, extending a downward trend that signals cooling in the world’s biggest economy.

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