U.S. stocks slip as weak retail sales data cools AI-driven rally

U.S. stocks closed lower after weak retail sales data damped some of the optimism that had pushed major indexes to record highs on enthusiasm around the artificial-intelligence trade. The Dow Jones Industrial Average fell 107.58 points, or 0.20%, to 53732.41, leaving it within 1.1% of its all-time high. The S&P 500 dropped 13.23 points, or 0.17%, to 7785.76, pulling back from Thursday’s record close. The tech-heavy Nasdaq Composite lost 73.86 points, or 0.28%, to 26729.16, ending a three-session winning streak. The moves suggest softer economic data interrupted, at least temporarily, the market momentum tied to AI-related shares.

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U.S. stocks slip as weak retail sales data cools AI-driven rally - CoinPost Terminal