Stock Market Today: Wall Street Lays an Egg Heading Into Easter Weekend
by Kyle Woodley
Apr 14, 2022
2 minutes
Stocks fell across the board at the holiday-shortened trading week's conclusion as mixed bank earnings and cloudy economic data dampened bulls' enthusiasm.
The Commerce Department on Thursday reported that while retail sales did indeed grow for the third consecutive month, inflation clearly took a bite. March's retail sales were up 0.5% month-over-month, a slowdown from February's upwardly revised 0.8% growth and lower than expectations for 0.6% expansion.
"There's no doubt rising energy and gas prices are starting to take a toll on household budgets,"
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