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US Stocks Edge Lower; Retail Sales Increase Less Than Expected

1. U.S. retail sales rose 0.4% in December, below estimates. 2. Initial jobless claims increased by 14,000 to 217,000 last week. 3. Dow Jones fell 0.2%, S&P 500 down 0.03%, indicating market weakness. 4. Utilities sector rose 0.8%, while consumer discretionary shares declined 0.6%. 5. Biomerica's shares jumped 246% after product approval in UAE.

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FAQ

Why Bearish?

Mixed economic signals and slight market declines suggest cautious investor sentiment.

How important is it?

Economic data impacts investor sentiment, affecting broader market movements.

Why Short Term?

Current market trends and economic reports may influence immediate trading decisions.

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