Stocks Sliding After Bad Data (SPX, SPY, DIA, DJI, QQQ, GLD, TLT)

Following the release of worse-than-expected retail sales data this morning, stocks are giving back some of the big gains of the past few days. The S&P 500 is 0.4% lower, trading at 1811, while the yield on the 10-year U.S. Treasury note is lower as well at 2.74%, and the dollar is sliding against the euro and the yen. Equity indices across Europe are deep in the red, led lower by the Italian FTSE MIB, currently down 1.3%. Overnight, the Japanese Nikkei dropped 1.8%, and the Hong Kong Hang Seng...