US stocks have slipped in early trade despite a strong report on retail sales in February.
Fifteen minutes into trade, the Dow Jones Industrial Average was down 24.91 points (0.17 per cent) to 14,425.15.
The broad-based S&P 500 slipped 3.43 (0.22 per cent) to 1549.05, while the tech-rich Nasdaq Composite Index lost 7.69 (0.24 per cent) to 3234.63.
Retail and food services sales in February rose 1.1 per cent from January, the Commerce Department reported, much stronger than the 0.5 per cent increase estimated by analysts.
The retail sales are "another marker reflecting an encouraging pickup in economic activity," said Patrick O'Hare of Briefing.com.
The result "is clearly a source of relief for the equity market," O'Hare added.
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