Posted 1/18/2024, 9:05:32 AM
Stocks Mixed as Retail Sales Weigh on Rate Cut Hopes; Tesla, Apple, Discover Financial Fall on Company News
- U.S. Futures muted as strong retail sales dimmed expectations for a March interest rate cut
- Taiwan Semiconductor reported better-than-expected Q4 earnings and revenues
- Tesla stock fell 1.2% after lowering Model Y prices in Germany
- Apple dipped following ban on selling watches with blood oxygen sensors
- Discover Financial shares fell 9% after missing earnings expectations amid higher net charge-offs