US Retail Sales Fall for First Time in 9 Months as Drone Stocks Take Flight

On today's episode of Market Brief – After Hours, we break down a choppy end to a record week on Wall Street, with the S&P 500 pulling back from its first-ever close above 7,800. We dig into a surprisingly weak batch of US consumer data and what it means for the Federal Reserve's next move, plus a spike in oil and Treasury yields as tensions flare in the Strait of Hormuz. We also cover the day's biggest stock stories, from a surging Reddit to a rally in drone makers. Plus, we cover EUR/USD, GBP/USD, AUD/USD and USD/CAD across the currency markets. Hosted on Acast. See acast.com/privacy for more information.