US Futures Are Higher Despite Disappointing Retail Sales Data

US Futures are higher despite disappointing retail sales data.  The Commerce Department reported that retail sales fell for the third consecutive month in February, falling 0.1% against expectations of a rise of 0.3%.  January retail sales was revised higher, but remained negative for the month.  In other data, producer prices ex-food and energy rose 0.2% (2.5% yoy) in February, slightly above expectations.  European shares are higher with materials stocks leading the gains.  Asian shares closed lower after President Trump proposed additional tariffs on $60B of Chinese exports.

US Futures Are Holding Slight Gains After Data
US Futures Are Higher As Inflation Remains Under C...

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