S&P 500 and Nasdaq decline as investors digest weak retail sales and tech sector losses
The S&P 500 and Nasdaq fell today as weak retail sales data and tech losses weighed on sentiment. Meanwhile, the Dow hit a record high amid mixed earnings.
Insights:
US 
US equity benchmarks edged lower on Tuesday, February 10, 2026, after the December retail sales report showed consumer spending was unchanged, falling short of economists' expectations. The S&P 500 and the Nasdaq Composite both slipped as the data provided the first look in a series of economic releases scheduled for this week. This print signaled weaker consumer spending and immediately influenced near-term expectations for Federal Reserve policy.
US equity benchmarks edged lower on Tuesday, February 10, 2026, after the December retail sales report showed consumer spending was unchanged, falling short of economists' expectations. The S&P 500 and the Nasdaq Composite both slipped as the data provided the first look in a series of economic releases scheduled for this week. This print signaled weaker consumer spending and immediately influenced near-term expectations for Federal Reserve policy.The decline in the broader indices was led by the communication services sector and the information technology sector. Alphabet Inc. saw its shares drop approximately 2.8% following the Alphabet $20 billion bond offering. Other major technology and growth names also faced pressure, including NVIDIA Corporation and Tesla, Inc. .
