Strategist explains why stocks shrugged off weak retail sales
- Update Date:
- Post Date:
The S&P 500 (^GSPC) has closed at a new record high on Thursday after a bit of a bumpy week. After stocks sold-off on Tuesday, many on Wall Street were wondering if this was a sign of things to come or if the market was just due for a correction. The Wealth Alliance CEO Rob Conzo joins Yahoo Finance anchors Josh Lipton and Julie Hyman to give insight into how the market may operate moving forward. Conzo comments on the sell-off: “Tuesday was eye opening. People started saying the game is over, the trend is going down, not… where it should be , and then retail sales came out. You […]