BusinessQuiet 89d · day 89
Stock futures mixed as retailers face consumer demand questions
U.S. stocks hit record highs last week but face uncertainty ahead of major retail earnings amid concerns over consumer spending.
What to know
- U.S. markets reached all-time highs last week despite recent weak economic data and consumer spending concerns.
- A major week of retail earnings is underway with investor focus on whether consumer demand remains strong.
- Stagflation concerns and questions about consumer health are creating uncertainty in futures trading ahead of key reports.
“Futures are mixed ahead of a big week for major retailers as new questions emerge about the state of the U.S. consumer, a major engine powering the American economy”
Philadelphia Inquirer · Philadelphia Inquirer · Aug 16
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