Stocks drift on Wall Street following latest run at record

Friday 1441/12/24 - 2020/08/14
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NEW YORK, Aug 14, 2020, SPA -- Stocks are drifting a bit lower in early Friday trading on Wall Street after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected, according to AP.
The S&P 500 was down 0.1%, as the market takes a pause after nearly erasing the last of the steep losses caused by the coronavirus pandemic.
The Dow Jones Industrial Average was down 64 points, or 0.2%, at 27,830, as of 10:08 a.m. Eastern time, while the Nasdaq composite dipped 0.2%.
The yield on the 10-year Treasury dipped to 0.70% from 0.71% late Thursday.
In Europe, stocks trended lower after Britain said it was imposing a 14-day quarantine.
France's CAC 40 dropped 1.8%, while Germany's DAX lost 0.9%. The FTSE 100 in London fell 1.8%.
Asian markets were mixed after China reported its factory output rose 4.8% in July from a year earlier, on par with June's increase.
Japan's benchmark Nikkei 225 gained 0.2%, and South Korea's Kospi slipped 1.2%. Hong Kong's Hang Seng dipped 0.2% after gyrating earlier in the day, while stocks in Shanghai gained 1.2%.
Benchmark U.S. crude oil slipped a penny to $42.23 per barrel. Brent crude, the international standard was down 0.1% at $44.91.
--SPA
18:29 LOCAL TIME 15:29 GMT
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