US stocks tick higher after strong retail data

Wall Street stock markets edged up as strong US retail sales data indicated shoppers were accepting higher inflation, but raised questions about how long the Federal Reserve could hold interest rates at record lows.

The blue-chip S&P 500 gained 0.3 per cent, remaining close to its all-time high. The technology-focused Nasdaq Composite rose 0.2…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

China and US Agree to Ease Restrictions on Journalists: Report

Jailed American journalist freed from Myanmar arrives in New York