15Jan2021 Midday Update: Wall Street Opened Lower As Retail Sales Disappoint, DOW Down 150 Points At 12:30 ET, Nasdaq Down -0.6%, WTI Crude Slips To 52.35, Bitcoin At 36,020
Holiday sales rose stronger-than-expected 8.3% as consumers bought gifts to lighten mood during pandemic (SPY -0.7%). Bitcoin ends a choppy week of trading with prices below $40,000. Here is the current market situation from CNN Money North and South American markets are lower today with shares in U.S. off the most. The S&P 500 is down 0.60% while Brazil's Bovespa is off 0.52% and Mexico's IPC is lower by 0.45%. What Is Moving the Markets Here are the headlines moving the markets. Oil Prices Under Fire As Traders Cite Demand Concerns Oil prices dropped early on Friday, as expanding lockdo...
Source: econintersect.com