Tag Archives: US retail sales
Dow Jones Hits Record High as US Stocks Rally on Rate Cut Hopes
Major US stock indices climbed on Tuesday, with the Dow Jones leading gains. The Dow surged 742.76 points (1.85%), marking its second consecutive record close and the strongest performance since June 2023. The S&P 500 rose 0.64%, while the Nasdaq edged up 0.21%. Market sentiment was primarily driven by expectations of Federal Reserve rate cuts. […]
US Holiday Retail Sales Surge in Q4’23, Defying Projections
US Holiday Retail Sales Remain Robust Despite Concerns The retail landscape in the United States experienced a notable surge in December 2023, with a month-over-month increase of 0.6%, surpassing the projected 0.4% rise after a 0.3% uptick in November. This substantial jump, the most significant in three months, was primarily fueled by an impressive 1.2% […]