Retail Sales Climbed at a Slower Pace in October

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Day for stocks a day after all, three major averages closed at record highs, the Dow registering a loss of 167 points. The S and P 500 closed down 17 points and the NASDAQ was down 24 points. News impacting those averages included a disappointing retail sales report for the month of October, which showed that sales rose just 3/10 of a percent, well below the 1.6% gain in September. Investors saw another troubling sign in WalMart Servings the world's largest retail reporting that quarterly sales rose a slower pace than earlier in the pandemic. In New York, Geri Willis Fox News

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