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Wall Street holds near its record following the latest weak update on the US economy

NEW YORK (AP) — U. S. stocks are drifting near 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 slowing economy when inflation is still high. The S&P 500 slipped 0. 2% from its all-time high set the day before. The Dow Jones Industrial Average was down 111 points, or 0...

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