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Retail Sales Weaken in July

Economic DataConsumer Demand & RetailMarket Technicals & Flows
Retail Sales Weaken in July

The S&P 500 is on track for a winning week and a fresh all-time high, but the Department of Commerce reported retail sales fell 0.6% in July. Mixed signals suggest consumer demand is softening even as equities remain strong near peak levels.

Analysis

The S&P 500 is on track for a winning week and a fresh all-time high, but the Department of Commerce reported retail sales fell 0.6% in July. Mixed signals suggest consumer demand is softening even as equities remain strong near peak levels.

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