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Wall Street to open flat; unmoved by N.Korea test, U.S. retail sales


By Sruthi ShankarREUTERS - U.S. stocks were set to open little changed on Friday, with investors shrugging off North Korea's latest missile test and an unexpected drop in domestic retail sales in August.Pyongyang fired a second missile in as many weeks over Japan, an action that drew widespread criticism from global leaders, but barely moved shares and other risk assets."I think the market is kind of getting desensitized to that," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida."But it can always use that as an excuse in an overbought situation, to take some ...

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First Published: Fri, September 15 2017. 18:40 IST