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International Business Times
International Business Times
Business

New Data Showed Consumer Sentiment and Retail Sales Declined In July. Stocks Declined.

Figures released on Friday showed that consumer sentiment and retail sales declined the past month, dampening the outlook of the U.S. economy.

Stocks declined on Friday after figures related to consumption in the U.S. fell in July, dampening the outlook of the U.S. economy.

The Dow Jones Industrial Average dropped 0.20%, while the S&P 500 did so 0.17%. The tech-heavy Nasdaq Composite underperformed, falling 0.28%. Still, the S&P 500 notched a third straight week of wins, buoyed largely by strong corporate results and encouraging inflation numbers. The other two main indexes posted a weekly loss.

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