After two years of working overtime on delivering record-breaking holiday seasons, Santa Claus has had enough. If 2022’s holiday retail sales are anything to go by, the head of the North Pole has hopp...
Tag: Retail Sales Figures
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
U.S. stock futures slip from 3-month highs as traders await Fed minutes and retail sales data
U.S. stock futures fell back from recent highs as bulls held their fire ahead of the release of Fed minutes later on Wednesday How are stock-index futures trading S&P 500 futures ES00 ES00, -0.74%...
Dow jumps 650 points as stocks close sharply higher after stronger-than expected retail sales report, surge in Wall Street bank shares
U.S. stock indexes closed sharply higher Friday, with the S&P 500 and Dow Jones Industrial Average each snapping a five-day losing streak, after stronger-than-expected retail sales data and a mode...
The Stock Market Finally Had a Winning Week. Why It Might Not Last.
Text size Ed Yardeni, founder of Yardeni Research: “We now are raising the odds of a recession from 30% to 40%.” Christopher Goodney/Bloomberg The stock market ended its multiweek losing streak, and l...
Consumers Aren’t OK. Why April Retail Sales Are Misleading.
Walmart sales climbed in the first quarter from a year ago, but flat transaction numbers suggest inflation drove the gain. Here, a Walmart in San Leandro, Calif., last year. David Paul Morris/Bloomber...