Mid-Morning Market Update: April Retail Sales Beat Expectations, Business Inventories for March Show a Decline

Following the market opening Monday, the Dow traded down 0.26 percent to 15,079.29, while the NASDAQ diped 0.10 percent to reach 3,433.12. The S&P also fell, declining 0.20 percent to 1,630.41. Top Headline The US Commerce Department reported retail sales for April higher than the market expectations. Retail sales increased 0.1% (seasonally