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Us Retail Sales Surge

US retail sales rise 0.5% in July on strong auto demand, major promotions

Retail sales rose 0.5% last month after an upwardly revised 0.9% gain in June, the Commerce Department's Census Bureau said on Friday

US retail sales rise 0.5% in July on strong auto demand, major promotions
Updated On : 15 Aug 2025 | 6:22 PM IST

Oil drops $1 on halt in Houthis' Red Sea attacks, US retail boost

The attacks have disrupted global shipping, forcing firms to reroute to longer and more expensive journeys around southern Africa for more than a year

Oil drops $1 on halt in Houthis' Red Sea attacks, US retail boost
Updated On : 16 Jan 2025 | 11:27 PM IST

0.5% rise in UK retail sales volume in July as inflation begins to ease

Retail sales volumes in July were 1.4% higher than a year ago, the Office for National Statistics said, in line with economists' median forecast in a Reuters poll

0.5% rise in UK retail sales volume in July as inflation begins to ease
Updated On : 16 Aug 2024 | 12:53 PM IST

Soccer spending and discounts help UK retail sales inch up by 0.5% in July

Compared with February 2020, the last month before COVID-19 lockdowns started, sales volumes are still 0.8% lower

Soccer spending and discounts help UK retail sales inch up by 0.5% in July
Updated On : 16 Aug 2024 | 12:51 PM IST

World stocks regain stability as US retail sales report reassures

Retail sales increased 1.0 per cent last month, well above market forecasts for a 0.3 per cent gain, the Commerce Department's Census Bureau said

World stocks regain stability as US retail sales report reassures
Updated On : 15 Aug 2024 | 10:49 PM IST

Retail sales up 1% in July after 0.2% drop in June, says US commerce dept

Retail sales increased 1.0 per cent last month after a downwardly revised 0.2 per cent drop in June, the Commerce Department's Census Bureau said on Thursday

Retail sales up 1% in July after 0.2% drop in June, says US commerce dept
Updated On : 15 Aug 2024 | 7:39 PM IST

Global stocks mixed after US retail data offset Fed rate hike fears

Global stock markets were mixed and Wall Street futures were lower Wednesday after positive US retail sales data helped to offset concern the Federal Reserve might consider more rate hikes to cool inflation. London and Frankfurt opened lower. Tokyo and Seoul advanced, while Shanghai declined. Oil prices rose more $1 to stay above $110 per barrel. On Wall Street, the future for the S&P 500 index was down 0.4% after the market benchmark rose by 2% on Tuesday. That came after positive US retail sales data helped to offset worries about inflation and rate hikes. The Fed will have to consider moving more aggressively if inflation that is running at a four-decade high fails to ease after earlier rate hikes, chair Jerome Powell said at a Wall Street Journal conference. Expectations of rate hikes ticked higher due to Powell's comments, but markets are shrugging it off and are in need of a breather after a selloff, Yeap Jun Rong of IG said in a report. In early trading, the FTSE 100 in ...

Global stocks mixed after US retail data offset Fed rate hike fears
Updated On : 18 May 2022 | 4:53 PM IST

Gold prices subdued by strong US retail sales, aggressive rate hike bets

U.S. retail sales increased strongly in April suggested demand was holding strong despite high inflation and assuaged some fears that the economy was heading into recession

Gold prices subdued by strong US retail sales, aggressive rate hike bets
Updated On : 17 May 2022 | 10:10 PM IST

US retail sales rise in August, growth slows as unemployment benefits end

Much of last month's growth came from spending at restaurants and bars, which are just starting to let people in to eat and drink

US retail sales rise in August, growth slows as unemployment benefits end
Updated On : 16 Sep 2020 | 11:35 PM IST

S&P 500 down from five-week high as Covid-19 fears weigh on investors

The Dow Jones Industrial Average fell 123.53 points, or 0.46 per cent, at the open to 26,746.57

S&P 500 down from five-week high as Covid-19 fears weigh on investors
Updated On : 16 Jul 2020 | 9:32 PM IST

US retail sales surge more than expected; weekly jobless claims fall

Retail sales accelerated 5.8 percent on an annual basis

US retail sales surge more than expected; weekly jobless claims fall
Updated On : 14 Dec 2017 | 9:42 PM IST