Retail Sales Miss, US Indices Slip from Highs as Risk Sentiment Weakens
From Investing.com: 2025-06-17 09:43:00
Global indices started the week strong, recovering from last week’s losses. However, today’s pre-open sentiment is unsettled with most global equity indices in the red, including Nasdaq and the S&P down about -0.80%. US retail sales report showed a -0.9% vs -0.7% expected, but the Control Group stat was stronger than expected. As the G7 meeting continues, news on the Israel-Iran conflict from the summit is sparse. President Trump left the meeting early to address the Middle East situation. Oil prices are consolidating but still up over 2.30% on the session. Intra-day charts show indices recovering but buyer sentiment is cautious with potential war headlines looming. Watch for divergence between indices for trading opportunities.
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