April Retail Sales Grow 0.9% as Consumers Defy Inflation and Keep Spending
APRIL US RETAIL SALES KEY POINTS: April U.S. retail sales grow 0.9%, in line with market expectations Strong consumer spending suggests that consumption remains resilient despite soaring inflation S&P 500 futures hold most pre-market gains as encouraging economic data ease worries that the U.S. economy is headed off the cliff Most read: FTSE, DAX Benefit …
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