A robust U.S. retail sales report for July boosted investor confidence following recent reports that inflation continues to cool, and buyers continued to jump back into 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. As highlighted in the IBD Stocks On The Move table, NCino also staged a bullish move, rising 3.5% to 34.26 in heavy trading and surpassing an aggressive entry at 34.01. Read More...
A robust U.S. retail sales report for July boosted investor confidence following recent reports that inflation continues to cool, and buyers continued to jump back into 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. As highlighted in the IBD Stocks On The Move table, NCino also staged a bullish move, rising 3.5% to 34.26 in heavy trading and surpassing an aggressive entry at 34.01.
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