US Stock Market Today: S&P 500 and Dow Jones Dip 0.5% as NASDAQ Proposes 23-Hour Trading
October’s retail sales data, which was delayed by the recent government shutdown, showed little change from the previous month. The Commerce Department reported that overall retail purchases were flat, with declines at auto dealerships and gasoline stations offset by strength in other categories.
Market analysts said that flat retail sales in general have the potential to change the market atmosphere.
Consumer expenditure will be the main factor in understanding the condition of the economy and ongoing data releases can be very helpful for market participants to see if the demand is going to sustain in the next months.