US stocks experienced a downturn today as weaker-than-expected retail sales figures dampened investor sentiment. The report indicated a slowdown in consumer spending, a key driver of the US economy.

The disappointing sales data sparked concerns about the overall health of the economy, leading to a sell-off in various sectors. Analysts are closely monitoring upcoming economic releases to gauge the extent of the slowdown and its potential impact on corporate earnings.

Market participants are now reassessing their expectations for economic growth in the coming months, with some suggesting a possible revision of forecasts. The focus remains on whether this is a temporary dip or the start of a more significant trend.