(cerclefinance.com) – us stock markets are expected to open up friday morning after the announcement of the unexpectedly strong growth in retail sales in the united states in september. a few minutes before the beginning
, futures contracts on the s & p 500 index and nasdaq 100 is from 0.1% to 0.3%, indicating a positive beginning.
retail sales rose by 1.6% last month, but economists heralded an increase of 1.4%.
this is good news, because many were surprises because of the violent weather events that have affected the southern united states. but it seems that the
auto sales have been strong in the statistics, many dealers have sought to reduce their stocks in recent weeks.
the consumer price index (cpi) has identified increased by 0.5% in september, but for reasons related to the increase in specific fuel due to cyclones.
investors now expect the stock figures of business and consumer confidence in michigan, due in the morning.
financial value should be less well off than the rest of the symbol following the publication of the results of bank of america, and wells fargo.
if bank of america reported a quarterly increase, due to the good performance of the retail bank, wells fargo announced mixed performance has not fully met the expectations of analysts, particularly on the revenue side.
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Translated by forexguides.info Team