US Retail Sales MoM (Dec) M/M 0% vs. Exp. 0.4% (Prev. 0.6%, Low. -0.2%, High. 0.6%)
The US Retail Sales for December came in at 0% month-over-month, missing expectations of a 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 MoM (Dec) M/M 0% vs. Exp. 0.4% (Prev. 0.6%, Low. -0.2%, 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
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This underwhelming print, especially compared to the prior month's growth of 0.6%, raises concerns about consumer spending trends and may have implications for future economic growth and monetary policy outlook.
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