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European stocks closed little changed on Friday amid weak macroeconomic data. Eurozone retail sales fell 0.6% month-over-month in July, while the construction PMI contracted further to 43.0 in August…
Weak July retail sales and jobs data lower odds of Fed rate hikes, boosting stock market sentiment while pressuring the US dollar and supporting gold.
U.S. retail sales fell 0.6% in July, missing expectations, despite S&P 500 hitting a new all-time high. Applied Materials, StoneCo beat earnings; Nektar missed revenue expectations.
Weak July retail sales, skewed by Amazon's Prime Day shift, lower odds of near-term Fed rate hikes, easing overheating concerns and supporting risk assets and gold.
US business inventories were flat in June as wholesaler gains offset retailer declines, reflecting strong domestic demand. Business sales fell 1.1%, and inventories have declined for five straight qu…
Retail sales fell 0.6% in July, the largest drop in 14 months, but driven by seasonal quirks (Amazon Prime timing shift) and lower gas prices rather than economic weakness. Annual sales growth remain…
S&P 500 hit a record close after cooler PPI data eased Fed rate hike fears. Futures were flat-to-positive Friday ahead of retail sales data, which could test recent Fed optimism.
Markets face pivotal week with July CPI/PPI inflation data, retail sales, and earnings from AMAT, CrowdStrike, Cisco. Geopolitical tensions in Middle East threaten energy stability, complicating Fed …