New York, NY (BBN)– Wall Street markets were largely unchanged as strong economic figures were offset by global worries after the terror attack in Nice.
The Dow Jones Industrial Average rose 10.14 points to 18,516.55, reports BBC.
The S&P 500 ended a week of record setting highs by slipping 2.01 points to 2,161.74, while the Nasdaq dipped 4.47 points to 5,029.59.
On Thursday, the Dow recorded its third consecutive record close. The S&P 500 registered its fourth record in a row
US retail sales rose by 0.6 per cent in June. It was the third straight month of growth for consumer spending.
Paul Ashworth the US economist at Capital Economics noted that retail sales growth figures for April and May were revised upwards by 0.1 per cent, having already been “ridiculously strong”.
Citigroup shares fell 0.3 per cent. The bank reported better than expected second quarter results ahead of the market’s opening.
Rival Wells Fargo dropped 2.9 per cent after it reported falling profits.
Shares in Herbalife jumped 10 per cent after it agreed to pay regulators $200m to avoid being classified as a pyramid scheme.
Travel stocks were lower following the events in France.
Cruise line Carnival fell 2.2 per cent. Delta Airlines dropped by 2.4 per cent.
Shares of travel booking site Priceline dropped 1.2 per cent.