Inflation, retail sales, and the market rally broadens: What to know this week

Still, the equal-weighted S&P 500 logged a weekly gain for the 7th-straight week as investors continue to look outside the "Magnificent Seven" tech leaders to power the next leg of the market rally.

Economists expect Thursday morning's report will show retail sales grew 0.8% month over month in February, a rebound from the 0.8% decline seen in the first month of the year. "We think the Mag Seven is going to become the Lag Seven," Piper Sandler chief market technician Craig JohnsonJohnson's call for a broadening out of the market rally has been a common one across Wall Street to start 2024. The case for other stocks to rally is rooted inThat story largely remains intact.

Meet the Chilean beer getting its moment in the limelight over 20 years after losing a legal battle with LucasFilm—‘It’s creative, but it’s somebody else’s creativity’

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Trade Mostly Higher as Investors Applaud Revised Inflation DataStocks traded mostly in the green on Friday afternoon, pointing to another record-setting session as investors applauded a revision of December inflation data that showed it was even lower than first reported.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

The investment with inflation immunity: How the wealthy rolled back 20 Years of inflationThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »