US Retail Sales Ex Gas/Autos MoM (Dec) M/M 0% (Prev. 0.4%)
The US retail sales data for December has come in flat at 0%, down from a previous 0.4% increase.
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 Ex Gas/Autos MoM (Dec) M/M 0% (Prev. 0.4%)
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
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This miss against expectations may suggest a slowdown in consumer spending momentum, which could have implications for growth forecasts and influence the Federal Reserve's approach to monetary policy going forward.
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