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Retailers have been coaxing inflation-weary US shoppers to open their wallets on Cyber Monday with push notifications, text messages and video streaming ads touting heavily discounted cosmetics, electronics, toys, clothing and other products.
Despite a small dip in equity markets yesterday, investors' appetite for risk shows no sign of abating. Poor macroeconomic indicators reinforce the likelihood of a more flexible approach from central... -November 28, 2023 at 09:14 am EST - MarketScreener
U.S. shoppers spent $12.4 billion on Cyber Monday, a record result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings.
Discounts on everything from beauty products and toys to electronics during the Thanksgiving weekend enticed US shoppers to splurge about $38 billion online.
US shoppers to splurge on Christmas purchases to ring in a record $12.4 billion (€11.3 billion) in Cyber Monday sales online, data showed.