USA Wholesale Trade Sales (MoM) For March -1.3% Vs 2.0% Prior
Portfolio Pulse from Benzinga Newsdesk
USA Wholesale Trade Sales for March showed a decrease of 1.3% compared to a 2.0% increase in the previous month, indicating a slowdown in wholesale trade activity.

May 08, 2024 | 2:00 pm
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The decrease in Wholesale Trade Sales for March may lead to cautious investor sentiment towards the broader market, potentially impacting SPY.
Wholesale trade sales are a key indicator of economic health, influencing investor sentiment. A decrease suggests a potential slowdown, which could lead to cautious or negative market movements, thereby impacting SPY as it represents a broad market index.
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