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Hotter-Than-Expected Retail Sales Data

Retail sales came in hotter-than-expected, sending treasury yields higher, notes Collin Martin. He and Michelle Gibley discuss how the 10-year yield is approaching a new 52-week high. They also go over the takeaways from retail sales data. They outline what to watch for in international markets. Michelle highlights that China’s economy is stabilizing. She suggests paying more attention to the data for the month of September than the full 3Q GDP tonight. Tune in to find out more about the stock market today.

Market On Close

17 Oct 2023

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