Retail sales snap back after tariffs are dialed down. Economy still expanding at decent pace. MarketWatch Retail sales jumped more than expected last month CNN US retail sales beat expectations in June Reuters Retail sales jump after spring pullback in shopping Axios Retail sales rebound 0.6% in June with spending by Americans remaining resilient Star Tribune Source link
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Retail sales jumped more than expected last month
Washington CNN — Americans are still opening their wallets, even as President Donald Trump’s tariffs start to take a bite. Retail sales rose 0.6% in June from the prior month, the Commerce Department said Thursday, rebounding from the steep 0.9% decline in May. June’s number was much stronger than the 0.2% gain economists projected in a FactSet poll. Spending climbed …
Read More »Meme-stock mania returns as retail traders pump shares of this heavily shorted pandemic-era darling – MarketWatch
Meme-stock mania returns as retail traders pump shares of this heavily shorted pandemic-era darling MarketWatch Why Is Opendoor (OPEN) Stock Soaring Today Yahoo Finance Activist interest lifts Opendoor shares as Eric Jackson eyes turnaround Investing.com Why Opendoor Technologies Stock Popped Today The Motley Fool Why Is Opendoor (OPEN) Stock Rocketing Higher Today TradingView Source link
Read More »Big Bank Earnings, June Inflation, Retail Sales Data
Key Takeaways Earnings updates from several top financial institutions are scheduled, including JPMorgan Chase, Wells Fargo, Morgan Stanley, and Goldman Sachs. Investors also will be watching for earnings from TSMC, Netflix, Johnson & Johnson, and Novartis. Consumer Price Index inflation and U.S. retail sales data for June also will be analyzed, along with updates on the housing market. Federal Reserve officials …
Read More »Bitcoin Retail Traders Scarce as BTC Hits Highs
Bitcoin has reached consecutive record highs this week, yet retail investors seem reluctant to jump back into the market, according to a crypto researcher. However, demand for spot Bitcoin (BTC) exchange-traded funds (ETFs) is surging, with Thursday and Friday recording daily inflows of over $1 billion, the first time this has happened on two consecutive days. Bitcoin leg up “driven …
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