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S&P 500
Benzinga
4 days

Crude Oil Down 1%; US Retail Sales Rise 0.5% In July

1. S&P 500 fell 0.3% amid mixed U.S. stock trading. 2. U.S. retail sales rose 0.5%, aligning with market estimates. 3. Industrial production decreased 0.1% in July. 4. Consumer sentiment dropped to 58.6, missing expectations. 5. Communication services sector increased by 1.1%.

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FAQ

Why Bearish?

The decline in industrial production and consumer sentiment suggests economic slowdown, typically negative for S&P 500.

How important is it?

The article discusses key economic indicators that could influence S&P 500’s short-term performance.

Why Short Term?

Immediate economic indicators like retail sales and industrial production have short-term effects on market sentiment.

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