Wall Street climbs after positive data

Economies.com
2024-04-15 16:05PM UTC

US stock indices rose on Monday following strong retail sales data and earnings results by Goldman Sachs. 

 

The markets are keeping a close eye on corporate earnings results, which usually start with banks, but most focus is on the tech sector. 

 

Otherwise, earlier government data showed retail sales rose 0.7% in March m/m, beating estimates of 0.3%, and showcasing the strength of the economy. 

 

On trading, Dow Jones rose 0.5%, or 170 points to 38,154 as of 16:04 GMT, while S&P 500 rose 0.4%, or 18 points to 5141, as NASDAQ climbed 0.2%, or 23 points to 16,198. 

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