lemmyk
Community MemberSteve posted an update 4 months ago
Retail Sales Show Mixed Results for June
U.S. retail sales were flat in June but increased by 0.4% when excluding autos, surpassing forecasts. Gains were broad-based, though gas station sales declined as expected. May sales were revised up to 0.3% from 0.1%, while April saw a revision from -0.2% to flat. Key highlights include a 0.7% jump in…
Steve posted an update 4 months ago
Wall Street Hits New Highs as Dow and S&P Soar
Wall Street is in the green with the Dow and S&P reaching new record peaks. The Dow climbed 0.4%, surpassing 40,000 to close at 40,167, driven by broad-based gains. Energy shares rose 0.97% on strong sentiment, while financials gained 0.9% supported by Treasury curve steepeners. The S&P 500…
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