US STOCKS-Wall St little changed in choppy trade, retailers fall

miércoles 11 de noviembre de 2015 11:02 GYT
 

* China Oct retail sales grew more than expected

* Alibaba up after strong Singles' Day sales reports

* Macys down after weak quarterly sales

* Indexes up: Dow 0.12 pct, S&P 0.13 pct, Nasdaq 0.06 pct (Updates to open)

By Abhiram Nandakumar

Nov 11 (Reuters) - U.S. stocks were little changed in choppy early trading on Wednesday after data from China appeared to make a case for further stimulus measures from Beijing, while investors braced for a possible hike in U.S. interest rates next month.

Industrial production in China grew at its slowest pace in seven months in October, in another sign of deflationary pressure in the world's second-largest economy.

However, retail sales for the same month expanded more than expected as consumer sentiment remained strong.

E-commerce giant Alibaba provided further evidence that the Chinese consumer remains upbeat, reporting record sales in its Singles' Day shopping event, but U.S. retail stocks fell after a disappointing results from Macy's.   Continuación...