Story perspectives
Retail Sales Miss Expectations, S&P 500 Declines Amid Job Forecasts
2/12/2026
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Story summary
- On February 11, 2026, U.S. December retail sales fell short of expectations, fueling doubts about spending.
- Investors forecast a January payroll gain of 70,000 jobs.
- The S&P 500 declined after the retail report.
- Tech shares faced mixed news amid ongoing AI developments.
- Economists largely expect the new Federal Reserve Chair, Kevin Warsh, to adopt a loose policy stance.
