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Investors zero in on health of consumer with retail sales, earnings

Investors in the coming week will get a look at the state of U.S. consumers - whose spending drives around two-thirds of the economy - with a U.S. retail sales report and earnings due from Procter & Gamble, Netflix and a slew of banks. Durable consumer spending has been a key reason for the economy’s resilience in the face of higher interest rates, with a better-than-expected economy supporting stocks this year. Retail sales data, due out on Tuesday, may have to walk a tightrope to...
United States Las Vegas Lewis Krauskopf Ira Iosebashvili Jonathan Oatis Walter Todd
Source: yahoo.com

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