Stock futures take a breather on soft holiday retail sales - Fox Business
Foxbusiness.com - Thu 10 Jan 14:01 GMT

Stock futures take a breather on soft holiday retail sales - Fox Business

The recent rally in stocks has been fueled by optimism over trade talks between the U.S. and China.

  MORE FROM FOX BUSINESS.COM The retail sector is taking a hit in the premarket with Macy’s shares down 17 percent after slashing its outlook for profit, sales and gross margin, as sales weakened in late December.

  The recent rally in stocks has been fueled by optimism over trade talks between the U.S. and China.

  A member of the U.S. trade delegation called this week's trade talks in China "a good few days."

  In Asian markets on Thursday, China’s Shanghai Composite fell 0.4 percent.

  Checking European trading, London’s FTSE was lower by 0.3 percent, Germany’s DAX was down 0.4 percent and France’s CAC fell 0.8 JONES COMPOSITE hit session highs on Wednesday, after the Federal Reserve released minutes of the December meeting of its powerful rate-setting committee.