U.S. retail sales fell by 0.1% in the month of October, lower than previously expected estimates of 0.3%, while shooting up 2.5% year-over-year. Furthermore, retailers Target (TGT) and TJX Companies (TJX) — the parent company of TJ Maxx and Marshalls — both beat third-quarter earnings estimates.
Yahoo Finance Reporter Madison Mills joins the Live show to break down what resilient consumer spending means for the end-of-year market rally.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Namaste ma’am good evening 🌆 watching from India 🎉🎉🎉🎉
That’s because people just taking what they want from stores.
Omg .1%
“Retail Sales, Consumer pressure!!
American shares and China time to buy 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉