U.S. retail sales fell 0.6% in July, a broad-based decline from a revised 0.3% gain in June that signaled cooling consumer demand. Department stores, electronics sellers, furniture outlets and auto dealers all weakened; excluding autos, sales fell 0.4% versus expectations for a 0.2% gain, while the GDP-linked control group dropped 0.3%. The latest account says the headline report was weaker than a consensus forecast for a 0.1% dip, while earlier reporting had cited expectations for a 0.1% increase, but both versions point to softer spending after earlier support from tax refunds, June promotions and rising household wealth. Treasury yields edged lower and stock futures trimmed gains as investors increased bets on a more dovish Federal Reserve, though analysts said one month of data does not establish a trend and noted the labor market remains resilient.