Stock Market Today: S&P 500 extends winning streak on signs of economic strength

Investing.com-- The S&P 500 closed higher for the sixth straight session Thursday, as fears of an economic slowdown were dispelled following stronger-than-expected labor market and retail sales data.U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity, allaying fears of an imminent recession in the world's biggest economy.

"Walmart’s investments over the past decade have allowed it to move beyond a low-price model to a 'price + convenience + assortment' offering," Truist said, paving the way for continued market share gains continues.) rose 1% despite warning of a weaker annual profit and clocked a bigger-than-expected drop in its annual comparable sales earlier this week.

"With shares now trading back towards the high $360s and the potential for a miss and guide-down with ULTA's Q2 report on 8/29, we would still be positioned to take advantage of dips from here," Oppenheimer added.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market Today: S&P 500 ekes out gain ahead of key inflation dataStock Market Today: S&P 500 ekes out gain ahead of key inflation data
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: S&P 500 rises as tech leads recovery after tumultuous weekStock Market Today: S&P 500 rises as tech leads recovery after tumultuous week
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: S&P 500 jumps as softer jobs data cool recession fearsStock Market Today: S&P 500 jumps as softer jobs data cool recession fears
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: S&P 500 closes lower as rebound fadesStock Market Today: S&P 500 closes lower as rebound fades
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: S&P500 ends higher as dip buyers return after routStock Market Today: S&P500 ends higher as dip buyers return after rout
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: S&P500 slumps as weaker economic data rattles stocksStock Market Today: S&P500 slumps as weaker economic data rattles stocks
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »