Stocks Mixed as Retail Sales Jump Stokes Rate Hike Fears

Dow eked out a small gain but Treasury yields jumped after strong retail sales data suggested more Fed rate hikes.

Bank of America earnings beat forecasts but Goldman disappointed amid investment write-downs.

Johnson & Johnson and Lockheed Martin delivered earnings beats but shares were muted.

Nvidia led chip stocks lower as US looks to tighten chip export restrictions to China.

Retail sales topped estimates pointing to ongoing economic strength, increasing odds of a December rate hike.