Stock Market Today: September 13, 2019
Harvey S. Katz, CFA and Mario Ferro | 09/13/2019
Stocks started the day mostly to the upside, but trading became more mixed as the session wore on. On the economic front, the Commerce Department reported that U.S. retail sales were up 0.4% in August, which was above the consensus forecast, with the increase largely driven by car and truck sales. Also, the July figure was revised to a gain of 0.8% from 0.7%. Altogether, sales have been up for six consecutive months. Meanwhile, and more importantly, the two-year trade dispute between China and the U.S. took another step toward a potential resolution.