US Retail Sales Increase and Economic Highlights

Reported about 1 month ago

US retail sales increased by 0.4% in September, surpassing expectations, while initial jobless claims were lower than anticipated. Treasury Secretary Janet Yellen cautioned that proposed tariffs from former President Trump could worsen inflation. Additionally, US stock futures rose following positive earnings from Taiwan Semiconductor Manufacturing Company, with more earnings reports expected today from Netflix and M&T Bank.

Source: YAHOO

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