Dow Dips Over 200 Points; US Retail Sales Top Estimates

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.50% to 43,498.72 while the NASDAQ fell 0.55% to 20,062.78. The S&P 500 also fell, dropping, 0.49% to 6,044.48.

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Leading and Lagging Sectors

Health care shares rose by 0.3% on Tuesday.

In trading on Tuesday, energy shares fell by 1.2%.

Top Headline

U.S. retail sales rose 0.7% month-over-month in November compared to a revised 0.5% gain in the previous month and above market estimates of 0.5%.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded down 1.1% to $69.94 while gold traded down 0.5% at $2,657.90.

Silver traded down 1.1% to $30.720 on Tuesday, while copper fell 1.1% to $4.1450.

Euro zone

European shares were mostly lower today. The eurozone's STOXX 600 fell 0.5%, Germany's DAX fell 0.2% and France's CAC 40 rose 0.1%. Spain's IBEX 35 Index dipped 1.3%, while London's FTSE 100 fell 0.8%.

Asia Pacific Markets

Asian markets closed lower on Tuesday, with Japan's Nikkei 225 falling 0.24%, Hong Kong's Hang Seng Index dipping 0.48%, China's Shanghai Composite Index falling 0.73% and India's BSE Sensex falling 1.30%.

Economics

U.S. retail sales rose 0.7% month-over-month in November compared to a revised 0.5% gain in the previous month and above market estimates of 0.5%.

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