The S&P 500 ended flat, near its record high, ahead of a three-day weekend with Presidents’ Day on Monday. A sharper-than-expected drop in January retail sales renewed hopes for US rate cuts.
At 4pm: Dow -0.4% S&P 500 -0.01% Nasdaq +0.4%
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
