Stocks open lower, pulling further back from record high
NEW YORK (AP) — Stocks are drifting lower in early trading on Wall Street, pulling the S&P 500 further away from the record high close it’s been flirting with over the past few days. The benchmark index was down 0.1% early Friday, though it’s still on track for a solid weekly gain. The government reported that retail sales rose last month back to pre-pandemic levels, however that was likely boosted by government relief spending that has since expired. On the virus front, Britain reimposed quarantine restrictions on France amid a recent pick-up in coronavirus infections. European markets were broadly lower and Asian markets finished mixed.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
