Retailers' Earnings, Stocks Up, AI Up
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recent trendYahoo Finance (Canada)
•Job revisions, retail results, AI trades return: Market trends
75% Informative
The retail sector (XLRE) has been trading like investors aren't worried about a potential consumer spending pullback.
Stocks (^DJI,^GSPC, ^IXIC) shrugged off a BLS report that showed 818,000 fewer jobs were created than initially reported for the 12 months through March 2024 .
AI stocks seem to be on the up and up again, with Nvidia recouping much of what it lost in the last few weeks .
The unemployment rate in recent months is now up at 4.3% your highest level in almost three years .
This is what the feds focused on in those fed minutes that you reference this is what they were talking about right? Joshua Wong : The market didn't move that much, which normally tells you how much people care about a data release, right?.
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