Retail Sales Data Snaps Two Day Rally On Wall Street
According to Reuters, bleak retail sales data from the Commerce Department led Wall Street to court losses on Valentine's Day.
By the closing bell on Feb.
14th, the Dow Jones and S&P were in negative territory, but the Nasdaq managed to retain some gains.
The Dow Jones Industrial Average shed four-tenths of a percent, losing almost 105-points and falling to 25,438.
The S&P 500 fared a bit better, losing about 7-points on the day, and dropping three-tenths of a percent.