US Retail Sales Control Group MoM (Dec) M/M -0.1% vs. Exp. 0.4% (Prev. 0.4%, Low. 0.1%, High. 0.6%)

The US Retail Sales Control Group for December printed at -0.1%, notably missing expectations of 0.4%.

Newsquawk StaffPublished On the live feed at 10 more headlines followed before this page went public
Newsquawk headlinesUTC

Marriott (MAR) exec. says higher-end consumers remain resilient and continue to prioritise spending on experience and travel over goods

Bank of America (BAC) CEO feels good about markets and IB

US Retail Sales Control Group MoM (Dec) M/M -0.1% vs. Exp. 0.4% (Prev. 0.4%, Low. 0.1%, High. 0.6%)

Spotify (SPOT) CFO says that the Co. does not give FY forecast for gross margin and operating margin, but they do expect both to improve

Around nine borrowers are considering US investment-grade bond sales Tuesday, according to Bloomberg citing an informal survey of underwriters

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This decline may indicate weakness in consumer spending, contradicting recent trends and suggesting potential implications for growth forecasts and Fed policy considerations.

Related headlines

The whole workspace, free to try.

Try it free