This article was originally published on ETFTrends.com.
By Horizon Investments Retail sales looked to be the “big number” for the week, and they disappointed when released on Thursday, showing a much worse than expected decline of -1.2%. However, largely overlooked in the headline number was the fact that this represented a year-over-year increase of 2.3%. Regardless, stocks rallied anyway, up 2.5% (S&P 500) […]
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