Strong Retail Sales Spark Rally In Stock Market
MRKT Matrix - Thursday, August 15th Consumer spending jumped in July as retail sales were up 1%, much better than expected (CNBC) Walmart beats estimates, raises outlook as it sees stable consumer health (CNBC) Kroger Plans $1B in Price Cuts After Albertson Deal (Bloomberg) Wall Street volatility is breaking records and there are likely to be aftershocks, says UBS (CNBC) Investors Timing the Market See Biggest Hit on Sector Funds (Bloomberg) Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers (WSJ) --- Subscribe to our newsletter…
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