Dow falls 200 points as biggest retail sales drop in a decade thwarts US-China trade optimism [CNBC]
Dick's Sporting Goods Inc (DKS)
Last dick's sporting goods inc earnings: 3/10 07:30 am
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Source: CNBC
Dow falls 200 points as biggest retail sales drop in a decade thwarts US-China trade optimism Stocks fell on Thursday as the release of much weaker-than-expected retail sales data offset optimism around ongoing trade talks. The Dow Jones Industrial Average S&P 500 Nasdaq Composite Retail sales fell 1.2 percent in December, marking their biggest monthly drop since September 2009 "This number was terrible," said Peter Boockvar, chief investment officer at Bleakley Advisory Group, in a note. "The US consumer is holding the global economy on its shoulders. After seeing today's data, we better hope it was a one month outlier and that the rebound in stocks in January and month to date will revive consumer spending." Lucas Jackson | Reuters Trader on the floor of the New York Stock Exchange. Treasury yields also fell on the weak data. The benchmark 10-year rate traded around 2.64 percent, down from about 2.69 percent. The U.S. dollar also fell against other major currencies. The dollar index
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DKS
Earnings
- 3/14/24 - Beat
DKS
Sec Filings
- 4/18/24 - Form 144
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- DKS's page on the SEC website