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Dow Jones futures in and out of the red after Retail sales miss

There have been a number of market reactions to the miss on US retail sales last month. Look, it was not a huge miss by any measure, but in respect of how the market is digesting it right now, it was still not evidencing an economy that is bounding forward right now. In fact, even the Nasdaq 100 futures have slipped a little on this data. The Dow Jones future is struggling for traction too and slipping either side of parity in terms of whether or not it opens higher or lower this afternoon. The index closed last night at 38,778. It is currently priced to reopen pretty much where it closed, but it is chopping and changing within a pretty tight range just now 

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