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CNBC TV18

US stocks open mixed on Aug. 14 as S&P 500 stays near record and eyes third straight weekly gain

AI Market Summary
US equities opened mixed with the S&P 500 near record highs as a sharp July retail sales miss (-0.6% vs +0.1% expected) raised growth sensitivity while easing inflation and rate concerns provided offsetting support. Tech and communication services led gains, keeping risk appetite intact, and markets are increasingly focused on the Fed's policy path. Attention shifts to next week's major retailer earnings and upcoming Nvidia results as an AI cycle barometer.
Impact level
● Medium
Affected assets
NCSISP5002USD/USDT+0.16%
AI Insight · NCSISP5002USD/USDTAI Insight
● Neutral
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US stocks opened mixed on Friday, with the S&P 500 near flat after closing at a record high in the previous session. July retail sales fell 0.6% month over month, far weaker than expectations for a 0.1% increase. Easing worries over inflation and interest rates helped lift technology and communication services, pushing the Nasdaq Composite up 0.2%. The Dow Jones Industrial Average slipped 0.1%.