December Retail Sales Came in Flat

Market Overview - Pre-market indexes are slightly pulling back after a record close from the Dow, with the Dow down 30 points (-0.06%) and the S&P 500 down 1 point, while the Nasdaq is up 8 points (+0.035%) [1] Economic Reports - Retail Sales for December showed no growth at 0.0%, a significant drop from November's +0.6%, indicating a cooling in consumer spending [2] - Import Prices for December increased by +0.1%, slightly above expectations, with food prices rising +0.5% while fuel prices dropped -1.5% [3] - Exports for December rose +0.3%, marking the highest increase since July, with a year-over-year growth of +3.1% [4] Q4 Earnings Reports - Coca-Cola (KO) reported Q4 earnings of $0.58 per share, beating estimates by a penny, but revenues of $11.82 billion fell short of expectations by -1.95% [5] - Spotify (SPOT) exceeded earnings expectations with $5.16 per share, a +63.3% surprise, and revenues of $5.27 billion, surpassing estimates by +2.57% [6] - Hasbro (HAS) reported earnings of $1.51 per share, significantly beating expectations of $0.99, with revenues of $1.45 billion driven by a +4671% growth in Hasbro Entertainment [7] - Harley Davidson (HOG) faced disappointing results with a loss of -$2.44 per share, missing estimates by -165%, and revenues of $390.55 million falling short by -25.9% [8]