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U.S Stocks Fell Following release of Cooling Economy Data

U.S stocks were declining this week as investors studied data that showed the economy was cooling.


.Retail sales for December fell more than expected,giving investors hopes that interest rate increases by the Federal Reserve wouldn't have to be as aggressive as they were last year.


The market has already been on the edge as the Feds next rate move would be smaller than the moves it made last year, with the expectation being a quarter oof percentage point rate increase in February only. Adding to the hope that inflation is waning, producer prices also were less than expected for the year.



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