US Retail Sales

U.S. data overnight showed October retail sales rose 1.3%, compared with economist expectations for 1.0%, a healthy signal but one that dented hopes for a pause in rate increases

US retail sales flat in July; core sales rise; retailer Target's quarterly profit slumps

Net sales for the largest US home improvement chain climbed 6.5% to a $43.79 bn, compared with estimates of $43.36 bn

1.4% jump comes on the back of easing recession fears, China policy support

CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts

Global stock markets were mixed and Wall Street futures were lower Wednesday after positive US retail sales data helped to offset concern the Federal Reserve might consider more rate hikes to cool inflation. London and Frankfurt opened lower. Tokyo and Seoul advanced, while Shanghai declined. Oil prices rose more $1 to stay above $110 per barrel. On Wall Street, the future for the S&P 500 index was down 0.4% after the market benchmark rose by 2% on Tuesday. That came after positive US retail sales data helped to offset worries about inflation and rate hikes. The Fed will have to consider moving more aggressively if inflation that is running at a four-decade high fails to ease after earlier rate hikes, chair Jerome Powell said at a Wall Street Journal conference. Expectations of rate hikes ticked higher due to Powell's comments, but markets are shrugging it off and are in need of a breather after a selloff, Yeap Jun Rong of IG said in a report. In early trading, the FTSE 100 in ...

U.S. retail sales increased strongly in April suggested demand was holding strong despite high inflation and assuaged some fears that the economy was heading into recession

Walmart slides after cutting earnings forecast; April retail sales rise in-line with estimates

December retail sales revised to show steeper decline; core retail sales jump 4.8%

Main stock indexes in the United States are eyeing a third straight yearly gain, with the benchmark S&P 500 on track to close out the year 26.4% higher

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending

Oil fell with the greenback near a three-week high following a rally on Friday on better-than-expected US retail sales data.

Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares

Opening up in the US may switch spending to services and wardrobe restocking, and de-stock overflowing pantries

The total value of retail purchases fell 1.3% in May following an upwardly revised 0.9% gain in April, Commerce Department figures showed Tuesday.

Retail sales rebounded 9.8% last month, the largest increase since May 2020, the Commerce Department said

Retail sales surged by a seasonally adjusted 5.3% last month, the Commerce Department said on Wednesday

"The (retail) frenzy is dead, it's rolled over," said Stephen Innes, chief global market strategist at financial services firm Axi

US retail sales fell more than expected in November, likely weighed down by raging new Covid-19 infections and decreasing household income

Most major retailers closed on Thanksgiving this year in a nod to the stress endured by their workers during a global health pandemic