Dow and world stock index reach record peaks following weak US retail sales
Stocks hit records on Tuesday as soft US data lowered Treasury yields. Investors hope for rate cuts while the Nikkei surged following Japan's recent election.
Insights:
Retail sales in the United States 
US remained unchanged in December, according to data released by the U.S. Commerce Department. The figures came in below economist forecasts, suggesting a potential softening in the domestic economy. Following the announcement, major stock indexes including the Dow Jones Industrial Average and the MSCI (world equity gauge) rose to record highs, while U.S. Treasury yields experienced a notable decline.
US remained unchanged in December, according to data released by the U.S. Commerce Department. The figures came in below economist forecasts, suggesting a potential softening in the domestic economy. Following the announcement, major stock indexes including the Dow Jones Industrial Average and the MSCI (world equity gauge) rose to record highs, while U.S. Treasury yields experienced a notable decline.
