Dow, S&P 500 in the Red, Emerging-Markets Sentiment “Overly Pessimistic”

Quiet day. Stocks are wandering just south of break-even midday Friday with little market-driving news. The S&P 500 is down 0.10%, to 2901.29, the Dow Jones Industrial Average has slipped 0.09% to 26,122.16, and the Nasdaq Composite is 0.18% lower to 7,999.39, breeching the 8,000 level.

U.S. retail sales in August rose at a pace below expectations, easing some concerns about overheated economy and inflation. China’s investment growth hit a 25-year low, rising only 5.3% so far in 2018 from the year-ago period. Growth was…