📈 Stocks jump after solid US sales data

1:37 PM October 16, 2020

US500 advanced following solid US retail sales release ✔

A few moments ago investors were offered crucial retail sales report from the United States for the month of September. The data came in above market expectations as the headline gauge (retail sales) rose 1.9% MoM.  Shortly after the release, futures markets gained. The exact figures were as follows:

Retail sales: 1.9% MoM 

  • expected: 0.7%

  • previously: 0.6%

Core retail sales: 1.5% MoM

  • expected: 0.5%

  • previously: 0.5%

 

Source: Macrobond, XTB Research

Source: xStation5

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