Core Retail Sales (MoM) (May) 0.1% vs 0.1% Est.
Portfolio Pulse from Benzinga Newsdesk
Core Retail Sales for May came in at 0.1%, in line with the 0.1% estimate.
June 15, 2023 | 12:30 pm
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NEUTRAL IMPACT
Core Retail Sales for May met expectations, which may have a neutral impact on SPY.
Core Retail Sales for May came in as expected, which indicates that the economy is performing in line with predictions. This may have a neutral impact on the SPY ETF, as it does not signal any significant changes in the market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50