FreeOpening BellWed December 18, 2024Opening Bell: Fed Rate Cut LoomsNovember retail sales rose 0.7%, surpassing Wall Street’s forecast of 0.6%, signaling strong consumer spending as the holiday shopping season begins. October sales were revised up to 0.5%, highlighting consistent growth. Gains were driven by a 2.4% increase in auto sales and a 1.8% rise in online purchases.
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