12:37 PM · 14 August 2020

❗ Stocks slide ahead of US retail sales data 📉

European stock indices and US equity futures are pulling back during the final trading day of the week. Investors await crucial retail sales data from the United States that is scheduled for release at 1:30 pm BST. Report will show to what extent expiring unemployment benefits impacted consumer spending. US500 pulled back from the all-time high area but solid retail sales print could offer fresh fuel for bulls.

US500 pulled back from the all-time high area but managed to halt declines at 3,350 pts. Source: xStation5

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