BREAKING: US retail sales recover from April's slump

US retail sales data for May has been just released. Headline reading showed 17.7% MoM advance against expected 8.4% MoM increase (-14.7% MoM in April). Retail sales excluding autos jumped 12.4% MoM while the market expected 5.5% MoM increase (-17.2% MoM in April).

Data turned out to be much better than expected as retail sales recovered from last month's steep drop. Equity markets and the US dollar surged on the release. There is one more important event scheduled for today - Powell's testimony in Congress at 3:00 pm BST.

US500 surged on retail sales data releases and tested 3,145 pts mark. Source: xStation5

8 October 2026, 6:57 PM

Daily Summary: Trump and OpenAI keep the market on a roller coaster💡

8 October 2026, 12:13 PM

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)

8 October 2026, 6:50 AM

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

7 October 2026, 3:40 PM

Large decline in crude inventories 🛢️📉

Economic reports

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