Read More

Retail Trends Unwrapped: Analyst Unveils Surprising Shifts In Consumer Spending As 2023 Looms

KeyBanc Capital Markets analysts presented proprietary credit/debit card spending trends across Consumer/Retail and Internet Retail sectors. Consumer/Retail: Analyst Bradley Thomas said this week’s data through December 24th shows indexed spending for the 'All Retail' category increasing 18.4% y/y. 

BBY

Read More

Stocks Drift Higher On Stronger GDP Data, Oil Rebounds As OPEC+ Mulls Cuts: What’s Driving Markets Wednesday?

Stocks are experiencing their 16th green session out of the 20 so far in November, with the S&P 500 index reaching its highest level since early August, and the Nasdaq 100 just 4.4% below its all-time highs set in November 2021.

BILI