Stock Rally Slows; Retail Sales Exceed Expectations

The post-election honeymoon for stocks appears to be winding down with traders taking profits ahead of the weekend. US index futures are down 0.4% to 0.8% this morning adding to yesterday’s US index losses of 0.4%-0.7%. European markets are split with the Dax down 0.2% and the FTSE up marginally. The US 10-year treasury note […]