US retail sales beat expectations
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The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
11hon MSN
Sales at retailers rebounded in June after the White House dialed back high U.S. tariffs, as consumers temporarily shrugged off the trade wars and spent more on cars, clothes, do-it-yourself projects and dining out.
US retail sales rebounded in June in a broad advance, potentially tempering some concerns about a retrenchment in consumer spending.
Dozens of companies listed under the index have surpassed analyst expectations through a series of earnings reports this week.
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PepsiCo is reporting better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.
Surging construction costs and booming demand for flights are fueling a rush of debt sales from US airports. Bloomberg's Aashna Shah has the story.
Today’s buyers are cautious, overwhelmed and short on time. They want clarity. That’s why recommendation-based selling is far more effective than budget probing.
June retail sales data will give investors a look at how tariff-fueled inflation is shaping consumer spending.