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MarketWatchAug 17, 2022
Market Snapshot: Dow falls 200 points as stocks pull back from nearly 4-month highs ahead of Fed minutes
U.S. stock indexes fall back from recent highs Wednesday as bulls hold their fire ahead of the release of the minutes of the Federal Reserve's last policy meeting later in the session while digesting July retail sales data.

MarketWatch MarketPulseAug 17, 2022
U.S. stocks open lower after flat U.S. retail sales report
U.S. stocks opened lower Wednesday as investors digested a report showing U.S. retail sales were flat in July. The Dow Jones Industrial Average was trading 0.7% lower soon after the opening bell, while the S&P 500 fell 0.9% and the Nasdaq Composite declined around 1%, according to FactSet data, at last check. The U.S. Census Bureau said Wednesday that retail sales were flat in July, while economists polled by The Wall Street Journal had forecast a 0.1% rise. Investors are looking ahead to the minutes of the Federal Reserve's July 26-27 policy meeting, which will be released at 2 p.m. Eastern Time.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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