Stocks Retreat as Big Tech Falters
Yahoo Finance·2026-01-14 16:26
US Nov retail sales rose +0.6% m/m, stronger than expectations of +0.5% m/m. Also, Nov retail sales ex-autos rose +0.5% m/m, stronger than expectations of +0.4% m/m.US Nov PPI final demand rose +3.0% y/y, stronger than expectations of +2.7% y/y. Nov PPI ex-food and energy also rose +3.0% y/y, stronger than expectations of +2.7% y/yStocks maintained their losses after stronger-than-expected US economic news on Nov retail sales, Nov producer prices, and Dec existing home sales, along with hawkish comments fro ...