Major U.S. stock-indexes was little changed on Friday as a rise in oil prices offset the impact of weak economic data. U.S. retail sales were unexpectedly flat in July as people cut back on buying clothes and other goods, while another report showed that producers index fell 0,4% in July, the biggest drop in nearly a year. Cooling consumer spending and tame inflation suggest the Federal Reserve will probably not raise interest rates anytime soon despite a robust labor market.
Most of all Dow stocks in negative area (19 of 30). Top gainer - Exxon Mobil Corporation (XOM, +1.22%). Top gainer - Microsoft Corporation (MSFT, -1.00%).
S&P sectors mixed. Top gainer - Conglomerates (+1.4%). Top loser - Industrial goods (-0.3%).
At the moment:
Dow 18558.00 +106.00 +0.57%
S&P 500 2181.00 +8.25 +0.38%
Nasdaq 100 4797.50 +16.00 +0.33%
Oil 44.32 +0.83 +1.91%
Gold 1357.70 +7.70 +0.57%
U.S. 10yr 1.49 -0.08