Retail Sales Get Four-Day Amazon Prime Day Lift; S&P 500 Futures Edge Higher

Published 2 months ago Positive
Retail Sales Get Four-Day Amazon Prime Day Lift; S&P 500 Futures Edge Higher
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Amazon's first four-day Prime Day sale last month gave a moderate boost to retail sales in July, which matched Wall Street's forecast. S&P 500 futures are slightly higher in early Friday stock market action after the data, following Thursday's push to a new record high despite a hot reading on producer prices that slightly cooled off expectations for Federal Reserve rate cuts. UnitedHealth Group, Nucor and DR Horton are leading S&P 500 gainers on Friday after Warren Buffett's Berkshire Hathaway disclosed new stakes late Thursday.

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