Tuesday, February 10, 2026 at 2:04 PM
U.S. retail sales were unchanged in December, indicating a potential slowdown in consumer spending as households reduced expenditures on major items, with revised figures for October suggesting consumer fatigue amid rising living costs.
Sales fell more than expected in December, as the rebound in household spending that is expected to help the economy in 2026 remains fragile.
Gold prices rose as the latest U.S. economic data bolstered the case for further interest-rate cuts this year.
While the reading was cooler than expected, consumers still saw higher costs for computers, appliances and hospital care.
Treasury yields declined following softer-than-expected U.S. consumer price index gains and ahead of a shortened week featuring the Fed’s preferred inflation gauge.
