---
title: "US Equity Indexes Mixed as AI Tool Hits Financials, Holiday Season Retail Sales Stall"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275510943.md"
description: "US equity indexes showed mixed results as an AI tool impacted financial firms and retail sales stagnated. The S&P 500 fell 0.2% to 6,953.02, and the Nasdaq Composite dropped 0.4% to 23,141.97, while the Dow Jones rose 0.2% to 50,246.92. Altruist launched an AI tool for financial advisers, causing significant declines in stocks like Raymond James Financial, which fell nearly 9%. Retail sales remained flat in December, contrasting with expectations for growth. Most US Treasury yields decreased, with the two-year rate at 3.45% and the 10-year rate at 4.14%."
datetime: "2026-02-10T20:54:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275510943.md)
  - [en](https://longbridge.com/en/news/275510943.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275510943.md)
---

# US Equity Indexes Mixed as AI Tool Hits Financials, Holiday Season Retail Sales Stall

03:54 PM EST, 02/10/2026 (MT Newswires) -- US equity indexes traded mixed ahead of Tuesday's close as an artificial intelligence tool hit capital markets and asset management firms amid an unexpected pause in December retail sales growth.

The S&P 500 fell 0.2% to 6,953.02, and the Nasdaq Composite declined 0.4% to 23,141.97. The Dow Jones Industrial Average, however, climbed 0.2% to 50,246.92, after scaling a new peak of 50,512.79 earlier in the session.

Utilities, real estate, and materials led the gainers, while financials, communication services, and technology were among the steepest decliners.

Altruist on Tuesday unveiled an AI tool that helps financial advisers personalize strategies for clients and create pay stubs, account statements, and other documents, Bloomberg reported, citing the company's statement. Raymond James Financial ( RJF ) sank nearly 9%, among the worst performers on the Nasdaq. Charles Schwab ( SCHW ) and LPL Financial ( LPLA ) slumped 7% and 8%, respectively.

Meanwhile, retail sales unexpectedly held steady in December, the US Census Bureau said Tuesday, as consumers appeared to pull back on spending at the end of 2025 after kicking the holiday season off at a strong pace. A flat reading compares with the Bloomberg-compiled consensus for a 0.4% gain. November was left unrevised at 0.6% growth, the Census Bureau said.

Most US Treasury yields fell intraday, with the two-year rate down 2.9 basis points to 3.45%, and the 10-year rate dropped 5.5 basis points 4.14%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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