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Market Snapshot: Dow poised to extend climb as year-end holiday rally takes stocks to record heights
U.S. stock indexes on Friday are on track to add to record gains as investors attempt to close out a holiday-shortened week on a powerful up trend, a day after a report on strong retail sales helped the Nasdaq to finish above 9,000 for the first time......»»
The Wall Street Journal: Holiday shoppers flocked to online stores, preliminary data shows
Total U.S. retail sales for Nov. 1 through Christmas Eve rose 3.4% from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment......»»
Lackluster U.S. retail sales dim fourth quarter economic growth outlook
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter......»»
U.S. retail sales rise less than expected in November
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter......»»
U.S. retail sales rise slightly, cast shadow on fourth-quarter economic growth
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears of a much faster slowdown in fourth-quarter economic growth than currently anticipated......»»
Lackluster U.S. retail sales cast shadow on fourth-quarter economic growth
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter......»»
Japan"s retail sales slump as tax hike hits
Japan's retail sales tumbled at their fastest pace in more than 4-1/2 years in October as a sales tax hike prompted consumers to cut spending. David Pollard reports......»»
Famed economist David Rosenberg lays out the evidence that recession risks are alive and well — and warns a "state of denial" has gripped the market
The details of the most recent report on US retail sales show that consumer spending — the economy's biggest driver — is not as.....»»
U.S. retail sales rise modestly; factory output tumbles
U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season......»»
Britain"s Asda blames Brexit uncertainty for lower sales
Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain's exit from the European Union had negatively affected spending patterns......»»
US Retail Sales Projected to Top $1 Trillion This Holiday Season
Retail analysts at eMarketer expect 2019 holiday season spending to top $1 trillion for the first time ever......»»
Japan retail sales rise most since 2014, but outlook murky
Japanese retail sales grew at the strongest pace in 5-1/2 years in September as consumers rushed to buy big-ticket items to beat a rise in the country's sales tax, raising concerns spending could pull back sharply in the coming months......»»
Japan retail sales jump the most since 2014, outlook murky
Japanese retail sales grew the most in 5-1/2 years in September, boosted by consumers accelerating spending to beat a national sales tax hike that kicked in this month, raising some concerns about a subsequent pullback in demand in the coming months......»»
Will the housing market continue to prop up the US economy?
Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That's good news for a US economy that may need housing to keep the current recovery alive......»»
Retail Sales Are Down For Big-Ticket Items, But Expectations Are High For Holiday Spending
U.S. retail sales were down for.....»»
Economic Report: U.S. retail sales snap 6-month win streak in September as receipts fall 0.3%
Sales at U.S. retailers fell in September for the first time in seven months as most stores posted lower receipts, signaling that a widely expected slowdown in consumer spending is under way......»»
Automakers are offering big discounts to keep sales growing
Automakers probably avoided a quarterly decline in U.S. retail sales for the first time in almost two years, but only by spending big on incentives to clear old cars and trucks from dealers’ lots......»»
Market Snapshot: Dow edges higher, attempts 8th straight gain after U.S. retail sales report
U.S. stocks mostly extend an up trend that has put the Dow and S&P 500 close to carving out fresh all-time highs as Sino-American trade tensions ease and central banks support risk taking with easy money......»»
Solid U.S. retail sales calm some worries about economy
U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth......»»
NewsWatch: Dow and S&P 500 drift within reach of records after U.S. retail sales report
U.S. stocks mostly extend an up trend that has put the Dow and S&P 500 close to carving out fresh all-time highs as Sino-American trade tensions ease and central banks support risk taking with easy money......»»