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U.S. Futures are Higher After Data #RetailSales #Jobless #PMI

U.S. futures are higher after data. Stock futures gained traction after March retail sales were reported much stronger than expected. Retails sales rose 1.6% for the month with the control group rising 1%, both double expectations. Weekly jobless claims were also better than expected, falling 5k last week to 192k. Lastly, the April Philadelphia Fed business outlook survey was reported slightly below estimates at 8.5. Later this morning Attorney General William Barr will hold a press conference before releasing a redacted version of the Mueller report. The release of the report will give lawmakers a more detailed look than originally provided by Barr last month. European shares are mixed after disappointing PMI data from France and Germany. The recent PMI data has investors worried that the euro area may be slowing further. Asian shares closed mostly lower with Japanese shares lagging the region.

U.S. and Many Foreign Markets are Closed Today in ...
U.S. Futures are Higher on Earnings and Trade Data...

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