S&P 500 snaps 4-day winning streak after worst retail sales drop in about a decade

S&P 500 snaps 4-day winning streak after worst retail sales drop in about a decade

The  and Dow Jones Industrial Average closed lower on Thursday following the release of much weaker-than-expected retail sales data. The S&P 500 dipped 0.27 percent to 2,745.72 as the consumer staples and financials sectors lagged. The 30-stock Dow pulled back 103.88 points to 25,439.39 as shares of Coca-Cola had their worst day since 2008. The Nasdaq Composite, however, … Read more…