A robust U.S. retail sales report for July boosted investor confidence, and buyers came in full force in the stock market today. Meta Platforms and Microsoft represented continued leadership and presented new buy points, and more leaders rolled past buy points in the retail sector. Retail sales rose 1% in July vs. the prior month, sharply above a 0.3% consensus forecast. Read More...
A robust U.S. retail sales report for July boosted investor confidence, and buyers came in full force in the stock market today. Meta Platforms and Microsoft represented continued leadership and presented new buy points, and more leaders rolled past buy points in the retail sector. Retail sales rose 1% in July vs. the prior month, sharply above a 0.3% consensus forecast.
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