
Wall Street holds near its record following the latest weak update on the US economy
NEW YORK (AP) — U. S. stocks are drifting around their record heights Friday following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers. Such data could keep interest rates low, which is something Wall Street loves, but it also raises the risk of a worst-case economic scenario of slow growth and high inflation. The S&P 500 edged up by 0. 1%, coming off its all-time high set the day before. The Dow Jones Industrial was...
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