U.S. Stocks Open Little-changed After Weak Retail Sales
U.S. stocks opened little-changed on Tuesday as investors assessed disappointing June retail sales numbers and how they would impact the timing of a Federal Reserve decision to raise interest rates. Sales at retailers fell 0.3% last month, while the prior two months were revised downward. Investors also assessed ramifications of the Iranian nuclear deal, which whipsawed oil prices. The S&P 500 were flat at the open at 2,099. The Dow Jones Industrial Average slipped 12 points, or 0.1%, to 17,966. The Nasdaq Composite began the day up 5 points, or 0.1% to 5,076.
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