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via seekingalpha.comEconomy

US core retail sales rose in October despite elevated gas prices

FROM THE WIRE · SEEKINGALPHA.COM

U.S. retail sales excluding auto dealers and gas stations rose 0.2% to $561.7B in October, extending a 13-month run of gains; sales were up 3.6% year over...

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRoutine consumption data that feeds growth expectations and the consumer goods sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Retail sales excluding autos and gas stations rose 0.2% to $561.7 billion.
  2. 02This extends a 13-month run of gains.
  3. 03Sales were up 3.6% year over year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
State Street Consumer Discretionary Select Sector SPDR ETFXLYETF121.05 USDMarket closedtoday +0.03%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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