"Global Markets React: Stocks Mixed Amid Retail Sales Decline and Tech Weakness"

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Source: Yahoo Finance
"Global Markets React: Stocks Mixed Amid Retail Sales Decline and Tech Weakness"
Photo: Yahoo Finance
TL;DR Summary

US stocks were mixed as investors reacted to disappointing retail sales, with the Dow Jones rising and the Nasdaq falling. Concerns about a potential OpenAI search engine competitor caused Alphabet's shares to drop, while homebuilder confidence rose for the third consecutive month due to declining mortgage rates. JPMorgan and Disney hit 52-week highs, and Cisco's shares fell after the company reported lower demand and worse-than-expected guidance.

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