While you were sleeping: Eyes on US consumer prices, retail sales

Tue, 13 Feb 2018

By Margreet Dietz Feb. 14 (BusinessDesk) - Wall Street was mixed as investors eyed reports on US consumer prices and retail sales, both due Wednesday, to help assess bets on the pace of Federal Reserve interest rate increases. In 1.21pm trading in New York, the Dow Jones Industrial Average inched 0.04 percent lower. However, the Nasdaq Composite Index gained 0.2 percent. In 1.06pm trading, the Standard & Poor’s 500 Index fell 0.2 percent. “Investors are probably positioning with a bit of a risk-off mindset going into those two [reports...

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