Wall Street Slumps After Retail Sales Fall in December


Wall Street fell on Thursday after retail sales dropped for the first time in 10 months in December, as economic activity in the U.S. slowed at the end of 2018 during the government shutdown. The S&P 500 slipped 14 points, or 0.53%, as of 9:30 AM ET (14:30 GMT), while the Dow lost 82 points, … Continue reading Wall Street Slumps After Retail Sales Fall in December

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USD Still Under Pressure | Oil Poised for Gains?


Overnight, the dollar fell against a basket of major currencies on Monday, as investors dumped the dollar amid doubts over President Trump’s ability to deliver on his pro-growth economic agenda. The dollar dropped to its lowest level since November, as the U.S. House of Representatives’ decision to withdraw a healthcare bill to repeal and replace … Continue reading USD Still Under Pressure | Oil Poised for Gains?