Stocks dip on lukewarm data

Stocks dip on lukewarm data

Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in US fiscal stimulus.

A review of the US-China trade deal initially slated for Saturday will be delayed due to scheduling issues and no new date has been agreed upon, according to sources familiar with the plans.

European shares were weighed further by a hit to travel stocks after Britain added more European countries, including France, to its quarantine list amid the coronavirus pandemic.

On Wall Street, a slowdown in retail sales growth last month and concern over further reluctance by consumers weighed on stocks, but the S&P 500 ended nearly unchanged, not far from record highs.

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