Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(NEWS UPDATE) WHY IS THE STOCK MARKET DUMPING TODAY?
Posted
January 17, 2024
Views
6,582
Likes
423
Comments
136
Engagement
8.49%
January 17, 2024
6,582
423
136
8.49%
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6:37Now PlayingRetail sales data for December came in stronger-than-expected, indicating a resilient consumer and putting aggressive rate cuts from the Federal Reserve into doubt. Retail sales were up 0.6% from November, and gained 0.4% month-over-month excluding autos. Economists polled by Dow Jones had estimated a 0.4% month-to-month increase in retail sales and 0.2% ex-autos.
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