U.S. stocks set to open lower after weak retail sales
Americans spent less at U.S. retailers last month, while the prior two months figures were also revised lower. Weaker sales point to a slower pace of economic growth.
Futures for the Dow Jones Industrial Average YMU5, -0.17% slipped 24 points, or 0.1%, to 17,877, while those for the S&P 500 index ESU5, -0.16% lost 2 points, or 0.1%, to 2,092. Futures for the Nasdaq 100 index NQU5, +0.05% rose 3 points to 4,491.