US Futures Rise as Walmart Reports Strong Earnings Ahead of Key Economic Data

Reported about 2 months ago

Stock futures in the US saw a slight increase as Wall Street awaited pivotal signals concerning consumer health, particularly with Walmart's impressive earnings report, which boosted its shares by nearly 6%. The market is also focused on upcoming retail sales data and jobless claims, with economists predicting a 0.3% rise in retail sales for July. Following a tumultuous start to August, the S&P 500 index has nearly recovered all its losses, indicating a potential shift in market sentiment.

Source: YAHOO

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