Weak U.S. Retail Sales Report Triggers Market Retreat (pidgeon.news)
U.S. retail sales unexpectedly fell in January, leading to market declines, a weaker dollar, and reduced bets on Federal Reserve rate hikes.
U.S. retail sales unexpectedly fell 0.6% in January, missing forecasts and triggering a market retreat. Weaker dollar and reduced Fed rate hike bets follow.