"Global Markets React: Retail Sales, Jobless Claims, and Yields Impact Stock Movement"

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Source: Yahoo Finance
"Global Markets React: Retail Sales, Jobless Claims, and Yields Impact Stock Movement"
Photo: Yahoo Finance
TL;DR Summary

US stock futures open steady after disappointing retail sales, with S&P 500 gaining 0.2% and Dow Jones rising 0.5%, while Nasdaq 100 loses 0.2%. Concerns arise about consumer resilience and potential impact on the US economy. Cisco shares drop 4% in premarket trading after reporting lower demand, uncertain outlook, and worse-than-expected guidance, but executives anticipate closing a $28 billion deal for Splunk early.

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