Here’s what happened to the stock market on Friday

New York Stock Exchange (NYSE) building is seen with the Fearless Girl Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.

Tayfun Coskun | Anadolu Agency | Getty Images

Dow Jones Industrial Average rises 34 points

Mixed retail sales data and stimulus latest

Retail sales for July rose 1.2%, the Commerce Department said. That’s below a Dow Jones estimate of 2.3%. Excluding autos, however, retail sales rose 1.9% to top a forecast of 1.2%. In Washington, lawmakers seem unable to move forward with a coronavirus stimulus bill. This could drag on for weeks as the Senate is in recess until after Labor Day and Hose members have already left for the rest of the month. 

Cruise operators rise

What happens next?

The Empire State Manufacturing index is set for release on Monday.

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