the daily moo

Record spending sees consumer stocks surge in US, Australia


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With markets treading water ahead of tomorrow morning's rate decision, one sector on the rise is consumer stocks. US spending is set to reach US$1 trillion this holiday season, while Australians are projected to spend $28.4 billion. Travel, retail and food are among the sectors already benefiting from this spending uptick.

Watchlist: Flight Centre, Nvidia, Applovin

Check out these stocks at www.moomoo.com/quote

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the daily mooBy Moomoo Australia & New Zealand