US Business Inventories rises to 1% in Jan from 0.3% in Dec
Mar 13, 2013
American equity markets open negatively despite upbeat Retail sales
The US Stock market experienced a slightly negative opening Wednesday as investors digest upbeat economic data. In the United States, Retail Sales (MoM) reported a jump of +1.1% in February, against expectations of only +0.5%. In addition, Retail Sales ex-autos (MoM) climbed +1.0% in the month of February, against a consensus of only +0.5%.