U.S. Stocks Close Near Session Lows After December Retail Sales Declined

U.S. stocks closed near their session lows after investors priced in new economic data that showed retail sales declined in December. The Dow fell 1.81%, the S&P 500 dropped 1.56%, and the Nasdaq shed 1.24%. Jimmy Lee, CEO of Wealth Consulting Group, joins Cheddar News' Closing Bell to discuss.
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Housing Market Reports Are Here: April Insights and Economic Impact
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
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