U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 150 points, down 0.37% to 45,713.02 [1] - NASDAQ fell 0.03% to 22,341.05, and S&P 500 dropped 0.14% to 6,605.77 [1] - Energy shares increased by 1.1%, while utilities stocks fell by 0.8% [1] Company Performance - Dave & Buster's Entertainment Inc. reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million [2] - Adjusted earnings for Dave & Buster's were 40 cents per share, below estimates of 92 cents per share [2] Commodities - Oil prices increased by 2.2% to $64.70, while gold rose by 0.2% to $3,726.00 [5] - Silver traded up 0.1% to $43.000, and copper fell 0.1% to $4.7120 [5] European Markets - European shares were lower, with the eurozone's STOXX 600 falling 0.86% [6] - Spain's IBEX 35 Index decreased by 1.30%, and London's FTSE 100 fell 0.74% [6] Asian Markets - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [7] Notable Stock Movements - Turbo Energy, S.A. shares surged 408% to $13.72 after securing a $53 million contract for energy storage projects in Spain [8] - WEBTOON Entertainment Inc. shares rose 28% to $19.13 following a non-binding agreement with Disney [8] - Jumia Technologies AG shares increased by 22% to $11.90 after an upgrade from RBC Capital [8] - Bionano Genomics, Inc. shares dropped 41% to $1.6398 due to a $10 million public offering announcement [8] - GD Culture Group Limited shares fell 19% to $7.84 after entering a share exchange agreement [8] - Next Technology Holding Inc. shares decreased by 17% to $23.79 after filing for a stock shelf of up to $500 million [8] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [11] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [11] - U.S. industrial production rose by 0.1% in August, exceeding market expectations [11] - U.S. retail sales increased by 0.6% month-over-month in August, surpassing expectations [11] - Export and import prices both rose by 0.3% in August [11]

Economic Data Summary - Retail Sales for August increased by +0.6%, double the expected +0.3%, reverting to the baseline seen in late 2024 [1] - Excluding auto sales, Retail Sales rose by +0.7%, which is 10 basis points higher than the upwardly revised July figure, marking the second-highest increase this year [2] Inflation Indicators - The Import Price Index for August showed a positive change of +0.3%, contrasting with an expected decline of -0.2%, marking the first back-to-back positive reports since February [4] - Export prices also increased by +0.3% month-over-month and +3.4% year-over-year, the highest level seen in 2025 [5] Federal Open Market Committee (FOMC) Meeting Insights - The FOMC meeting is set to include 12 voting members, with new developments including the addition of a Fed Governor [6] - Stephen Miran, Chairman of the Presidential Council of Economic Advisors, is expected to advocate for a more significant rate cut than the anticipated 25 basis points [7] - The previous FOMC meeting saw dissenting votes for the first time in 30 years, indicating potential shifts in monetary policy perspectives [8]

Yeah, Rick Santelli standing by at the CME uh in Chicago. Could anything change. Could we have a whole new view on everything based on imports today, Rick.Probably not, right. No, you know, it's hard to tell the these numbers the last couple days. The most interesting feature about them, CPI and PPI, is the market response.We could spend a lot of time digging into data and looking at how strained some of it is, but the market divined it real well. Here we go. It's hitting the wires.Retail sales. This is for ...

We are just seconds away from retail sales and import prices. The futures this morning are weaker. Not as weak as they've been though.Down 160 right now for the Dow. Let's get right over to Rick Santelli at the CME in Chicago. Rick, yes, we could see yields moving lower.The market's smart. Retail sales for the month of May coming in at minus minus 9/10 of a percent. Almost down 1%.This is much more aggressive to the downside than we were expecting. We're expecting a number in the vicinity of down half a per ...