U.S. stocks churn while yields rise, Fed in focus

U.S. retail sales unexpectedly rebounded in August as Americans ramped up purchases of motor vehicles and dined out more. Initial claims for state unemployment benefits fell for the week ended Sept. 10 to the lowest level since the end of May. Oil futures tumbled as concerns about weaker demand outweighed supply worries after the International Energy Agency said this week that oil demand growth would grind to a halt in the fourth quarter. The Dow Jones Industrial Average fell 66.18 points, or 0.21%, to 31,068.91; the S&P 500.

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