The Commerce Department says retail sales fell 1.2 percent in May. Economists had forecast sales would rise 0.4 percent last month.
The disappointing report Friday comes after stocks surged a day earlier on upbeat global economic data. However investors have been skittish about the pace of a recovery, particularly after a weak employment report last week.
Dow Jones industrial average futures are down 44, or 0.4 percent, at 10,043. Standard & Poor’s 500 index futures are down 5.50, or 0.5 percent, at 1,074.00, while Nasdaq 100 index futures are down 9.50, or 0.5 percent, at 1,811.50.
– Associated Press