Tag: retail sales

  • Why the Dow Just Slipped 350 Points

    Why the Dow Just Slipped 350 Points

    After hitting all-time highs on excessive optimism, markets are pulling back. At the moment, the Dow is down about 300 points, as the NASDAQ slips $115 points. All after retail sales came in at a worse than expected decline of 1.1% in July — far worse than expectations for a drop of 0.3%.  All thanks…