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Retail sales in January saw a sharper decline than expected from the month prior, falling 0.9% month-over-month compared to the 0.2% decline expected coming off of the holiday shopping season. Excluding the autos sector, retail sales fell by 0.4% (compared to the 0.3% increase forecasted.
Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief with Brad Smith and Madison Mills to break down the data print, commenting on the broader impacts President Trump's tariff proposals could have on the market (^DJI, ^IXIC, ^GSPC) and inflation.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Naomi Buchanan.