{"id":19355,"date":"2023-09-14T13:53:24","date_gmt":"2023-09-14T13:53:24","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/u-s-stocks-were-rising-after-retail-sales-show-resilient-consumer\/"},"modified":"2023-09-14T13:53:25","modified_gmt":"2023-09-14T13:53:25","slug":"u-s-stocks-were-rising-after-retail-sales-show-resilient-consumer","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=19355","title":{"rendered":"U.S. stocks were rising after retail sales show resilient consumer"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com — U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected.<\/p>\n

At 9:39 ET (13:39 GMT), the was up 199 points or 0.6% while the was up 0.6% and the\u00a0 rose 0.5%.<\/p>\n

The three major Wall Street indices lost their earlier momentum on Wednesday, as investors tried to digest the August consumer prices report.<\/p>\n

More inflation data to digest<\/strong>\u00a0<\/h2>\n

The data showed that U.S. increased by the most in 14 months in August as the cost of gasoline rose, but the annual rise in was the smallest in nearly two years.<\/p>\n

The is still widely projected to keep borrowing costs at a range of 5.25% to 5.50% at its upcoming meeting later this month, according to Investing.com’s .\u00a0<\/p>\n

But the rise in the headline rate contradicted earlier inflation readings which had come in cooler than expected, creating uncertainty over whether Fed officials will opt to raise rates once more in either November or December.<\/p>\n

More inflation data came out today. The for August rose 1.6% on an annualized basis, beating expectations for 1.2%, and it rose 0.7% from July versus expectations for a gain of 0.4%.<\/p>\n

Additionally, rose 0.6%, versus estimates for 0.2% from the prior month, while the weekly number of Americans seeking was 220,000 last week, lower than expectations.<\/p>\n

Arm <\/span><\/span> <\/span><\/span> to start trading after IPO<\/strong><\/h2>\n

Arm Holdings (NASDAQ:) will be in the spotlight Thursday, as the British chip designer starts trading having priced its initial public offering at $51 apiece, touching the top end of its indicated range and securing a valuation of $54.5 billion.<\/p>\n

The listing — the largest since electric-truck maker Rivian Automotive <\/span><\/span> <\/span><\/span> ‘s (NASDAQ:) around $12 billion debut in 2021 — was fueled by strong demand that saw the stock more than 12 times oversubscribed.<\/p>\n

In terms of quarterly earnings, both home builder Lennar <\/span><\/span> <\/span><\/span> (NYSE:) and computer software company Adobe Systems (NASDAQ:) are scheduled to post results after the market close Thursday.<\/p>\n

Crude gains with the market seen remaining tight<\/strong><\/h2>\n

Oil prices rose Thursday as supplies are set to stay tight this year, while confidence about the demand outlook remains strong even as stockpiles rise.<\/p>\n

The largely stuck by its estimates for demand growth this year and next in its monthly report, released Wednesday, joining the in expecting oil markets to tighten further this year.\u00a0<\/p>\n

This helped traders look past U.S. rising by four million barrels last week, confounding expectations for a drop of around 2 million barrels.<\/p>\n

(Peter Nurse and Oliver Gray contributed to this item.)<\/p>\n

\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com — U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected. At 9:39 ET (13:39 GMT), the was up 199 points or 0.6% while the was up 0.6% and the\u00a0 rose 0.5%. The three major Wall Street indices<\/p>\n","protected":false},"author":1,"featured_media":19356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[32],"class_list":{"0":"post-19355","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-featured"},"yoast_head":"\nU.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=19355\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microloannexus.com\/?p=19355\" \/>\n<meta property=\"og:site_name\" content=\"Micro Loan Nexus\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-14T13:53:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-14T13:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/09\/LYNXNPEB8R0JA_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/microloannexus.com\/?p=19355#article\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/?p=19355\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\"},\"headline\":\"U.S. stocks were rising after retail sales show resilient consumer\",\"datePublished\":\"2023-09-14T13:53:24+00:00\",\"dateModified\":\"2023-09-14T13:53:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/microloannexus.com\/?p=19355\"},\"wordCount\":427,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/microloannexus.com\/?p=19355#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/microloannexus.com\/?p=19355\",\"url\":\"https:\/\/microloannexus.com\/?p=19355\",\"name\":\"U.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/#website\"},\"datePublished\":\"2023-09-14T13:53:24+00:00\",\"dateModified\":\"2023-09-14T13:53:25+00:00\",\"description\":\"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came\",\"breadcrumb\":{\"@id\":\"https:\/\/microloannexus.com\/?p=19355#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/microloannexus.com\/?p=19355\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/microloannexus.com\/?p=19355#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/microloannexus.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"U.S. stocks were rising after retail sales show resilient consumer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microloannexus.com\/#website\",\"url\":\"https:\/\/microloannexus.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/microloannexus.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/microloannexus.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/microloannexus.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/microloannexus.com\"],\"url\":\"https:\/\/microloannexus.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"U.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus","description":"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/microloannexus.com\/?p=19355","og_locale":"en_US","og_type":"article","og_title":"U.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus","og_description":"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came","og_url":"https:\/\/microloannexus.com\/?p=19355","og_site_name":"Micro Loan Nexus","article_published_time":"2023-09-14T13:53:24+00:00","article_modified_time":"2023-09-14T13:53:25+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/09\/LYNXNPEB8R0JA_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/microloannexus.com\/?p=19355#article","isPartOf":{"@id":"https:\/\/microloannexus.com\/?p=19355"},"author":{"name":"News Room","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a"},"headline":"U.S. stocks were rising after retail sales show resilient consumer","datePublished":"2023-09-14T13:53:24+00:00","dateModified":"2023-09-14T13:53:25+00:00","mainEntityOfPage":{"@id":"https:\/\/microloannexus.com\/?p=19355"},"wordCount":427,"commentCount":0,"publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/microloannexus.com\/?p=19355#respond"]}]},{"@type":"WebPage","@id":"https:\/\/microloannexus.com\/?p=19355","url":"https:\/\/microloannexus.com\/?p=19355","name":"U.S. stocks were rising after retail sales show resilient consumer | Micro Loan Nexus","isPartOf":{"@id":"https:\/\/microloannexus.com\/#website"},"datePublished":"2023-09-14T13:53:24+00:00","dateModified":"2023-09-14T13:53:25+00:00","description":"\u00a9 Reuters. Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came","breadcrumb":{"@id":"https:\/\/microloannexus.com\/?p=19355#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/microloannexus.com\/?p=19355"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/microloannexus.com\/?p=19355#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/microloannexus.com\/"},{"@type":"ListItem","position":2,"name":"U.S. stocks were rising after retail sales show resilient consumer"}]},{"@type":"WebSite","@id":"https:\/\/microloannexus.com\/#website","url":"https:\/\/microloannexus.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/microloannexus.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/microloannexus.com\/#organization","name":"Solutions For Real","url":"https:\/\/microloannexus.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/microloannexus.com"],"url":"https:\/\/microloannexus.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/19355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19355"}],"version-history":[{"count":1,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/19355\/revisions"}],"predecessor-version":[{"id":19357,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/19355\/revisions\/19357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/media\/19356"}],"wp:attachment":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}