
RE: USA Wirtschaftsdaten und News
| 16.07.2020, 22:21 (Dieser Beitrag wurde zuletzt bearbeitet: 16.07.2020, 22:21 von boersenkater.)
Stock market news live updates: Dow on track to end 4-session winning streak after jobless claims, retail sales
Stocks fell Thursday, as investors digested a deluge of earnings results and new economic data on the state of the consumer and labor market as the pandemic continues.
The ongoing economic impact of the coronavirus pandemic was captured in two key reports Thursday morning. The Labor Department’s weekly jobless claims revealed that another 1.3 million workers filed unemployment claims, in a print that was slightly worse than consensus economists had forecast, and reflected a decelerating pace of improvement in the labor market as coronavirus cases surge in some parts of the country. However, retail sales skyrocketed by 7.5% last month — well above market expectations of 5% and on the heels of a record, upwardly revised 18.2% jump seen in May.
"The retail picture is a reflection of the USA during Covid-19 – all over the place,” said Dr. Kerstin Braun, President of Stenn Group, a global trade finance provider.
“The situation varies by household, business, industry sector and state, and will not normalize until the virus is under control,” Braun said. “More than 70% of the country is pausing or reversing reopening plans and credit card data already shows a dip in spending so far in July.”.....
https://finance.yahoo.com/news/stock-mar...6-F30ZK0Gn
Stocks fell Thursday, as investors digested a deluge of earnings results and new economic data on the state of the consumer and labor market as the pandemic continues.
The ongoing economic impact of the coronavirus pandemic was captured in two key reports Thursday morning. The Labor Department’s weekly jobless claims revealed that another 1.3 million workers filed unemployment claims, in a print that was slightly worse than consensus economists had forecast, and reflected a decelerating pace of improvement in the labor market as coronavirus cases surge in some parts of the country. However, retail sales skyrocketed by 7.5% last month — well above market expectations of 5% and on the heels of a record, upwardly revised 18.2% jump seen in May.
"The retail picture is a reflection of the USA during Covid-19 – all over the place,” said Dr. Kerstin Braun, President of Stenn Group, a global trade finance provider.
“The situation varies by household, business, industry sector and state, and will not normalize until the virus is under control,” Braun said. “More than 70% of the country is pausing or reversing reopening plans and credit card data already shows a dip in spending so far in July.”.....
https://finance.yahoo.com/news/stock-mar...6-F30ZK0Gn
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