Index declines at Monday open as market waits to view retail sales, earnings

Share: S&P 500 has given up 2.72% so far in August. The index is in an official short-term downtrend. Target, Walmart and Home Depot release quarterly earnings this week. US Census Bureau reports July US Retail Sales on Tuesday. S&P 500 opened Monday lower alongside other major indices. The S&P 500 traded off about 0.1%

US Dollar declines sharply after US July jobs report

Share: The US Dollar came under renewed selling pressure on Friday. The US Dollar Index declined below 102.00 and erased a large portion of weekly gains. US July jobs report showed a 187,000 increase in Nonfarm Payrolls in July. The US Dollar started to weaken against its rivals in the second half of the