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Global Markets Update: Retail Sales Drive Market Down

Global Markets Update: Retail Sales Drive Market Down

Mandy Drury reports U.S. markets are in the red, not in honor of Valentine's Day, but because of disappointing retail sales. Gap is up on a Citi upgrade, but Avon swings to Q4 loss and plans layoffs. Financials, including Bank of America, are down today. But Apple is up and, for the moment, worth more than Microsoft and Google combined.

CNBC | February 14, 2012Watch more videos from CNBC

Tags:. .layoffs. .avon. .mandy. .drury. .gap

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