The S&P 500 and Nasdaq Composite pulled back from record highs as the government shutdown stretches into its ninth day. Analysts weigh in on market volatility and consumer resilience amid ongoing economic uncertainty.
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
