Markets Pause as Central Banks Meet and Oil Continues to Slide

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Stocks are consolidating Monday’s gains this morning as investors assess the impact of central bank decisions and disappointing economic news from China. Overnight, Chinese retail sales (-0.6% v. Street 0.0%) and fixed asset investment (-4.1% v. Street -2.0%) both came in weaker than expected, raising concerns about the pace of economic activity and contributing to […]