Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate.
Related Posts
Nvidia down 30% from high as tech-led sell-off hits Magnificent Seven
The leading chipmaker slumped 5% on Monday, building on last week’s losses as heavy selling continued across the tech sector.
Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this year
China’s consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing’s stimulus measures can help to boost the country’s struggling economic recovery.