Optimistic Data on Inflation Boosts U.S. Stocks

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U.S. Stocks,Inflation,Retail Sales

U.S. stocks rise as inflation cools and major retailer Target beats expectations.

Retail Sales measure the change in the total value of sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.Investing.com -- U.S.

stocks were rising after another set of optimistic data showing inflation is cooling as major retailer Target beat expectations. At 09:39 ET (14:39 GMT), the Dow Jones...Investing.com - The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp losses as cooling U.S. inflation raised expectations that the...Investing.com -- Oil prices fell Wednesday ahead of the release of delayed U.S. crude inventories data, despite optimism over cooling U.S. inflation and some positive Chinese data. By 09:55 ET (14.55... The S&P 500 index gained 1.91% on Tuesday, as investors reacted to the lower-than-expected Consumer Price Index releas

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Small Business Owners Not Optimistic Amid Inflation and Hiring StrugglesA new survey from the National Federation of Independent Business reveals that small business owners are not feeling optimistic about the current economic environment due to the impact of inflation and hiring struggles. The survey shows that the NFIB's Optimism Index dropped to 90.7 points in October, below the 50-year average of 98. Small business owners are not growing their inventories as labor and energy costs remain high, leading to a gloomy outlook for the remainder of the year.
منبع: FoxBusiness - 🏆 458. / 53 ادامه مطلب »

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منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »