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Retail Stocks Dip Before Earnings

Retail stocks are under pressure as a pivotal week of earnings approaches for the sector, with investors growing more cautious regarding the consumer landscape and trends in discretionary spending. The SPDR S&P Retail ETF has encountered a decline surpassing 6% this week, representing its fourth consecutive weekly decrease and its most notable weekly performance setback Read More

U.S. Growth at 2% Amid Rising Inflation from Oil Crisis

U.S. Economy

The pace of U.S. growth accelerated in the first quarter, rebounding from tepid activity in the prior three-month period due to a government shutdown, while inflation rose in March amid a surge in energy prices stemming from the conflict in Iran. Gross domestic product for the January to March period registered at 2%, an increase Read More

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