U.S. financial markets remained closed on Wednesday in observance of Juneteenth, a day after news about downbeat U.S. retail sales for May raised concerns about lackluster economic activity. According to the Commerce Department's Census Bureau, retail sales grew just 0.1%, missing expectations for 0.2% growth although inflation-adjusted sales rose 0.4% last month after declining 0.3% in April. The latest report has raised hopes for an interest rate cut in September after the Fed left its benchmark overnight interest rate unchanged…
