United States

Stock market seesaws as recession fears mix with upbeat data

Stocks rose in choppy trading on Thursday but then fell back again as investors tried to balance strong July retail sales data and Walmart’s upbeat results with continuing concerns about the economy slipping into recession. Before 10 a.m., the Dow Jones Industrial Average was up 58.86 points, or 0.23%, at 25,538.28 — but then slipped down 0.04% to 25,469.52. The S&P 500 was up 7.86 points, or 0.28%, before dropping to 0.03% to 2839.73, while the Nasdaq recently traded down 0.25% to 7754.66 “It doesn’t matter where we are right now. The number of variables affecting this market are increasing,” said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey The Commerce Department said retail sales ...