Day: August 17, 2021

Stocks Decline After Disappointing Retail Sales Report

U.S. has just released Retail Sales report for July. The report indicated that Retail Sales decreased by 1.1% month-over-month in July compared to analyst consensus which called for a decline of just 0.3%. Excluding Autos, Retail Sales decreased by 0.4% month-over-month compared to analyst consensus which called for growth of 0.1%. S&P 500 futures are …

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