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US equities were higher in Thursday trading as stocks finished near best levels. The path of least resistance remains the upside with today's gains coming despite no real market-moving changes to the key narratives of the rate cut outlook, Fed independence, and trade and tariffs. It was a busy data of data, including June’s headline retail sales beat, its best since March.
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US equities were higher in Thursday trading as stocks finished near best levels. The path of least resistance remains the upside with today's gains coming despite no real market-moving changes to the key narratives of the rate cut outlook, Fed independence, and trade and tariffs. It was a busy data of data, including June’s headline retail sales beat, its best since March.
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