Retail Sales Whip Expectations, But They're Not Enough To Help The Market

shopping shoppers retail returns line black friday sales upset sad

Good news. Shoppers are going out a bit faster than expected.

Retail sales were up 0.5% in January and 0.6% ex-Autos, both of which are superior to expectations.

Economists were looking for gains of 0.3% and 0.5% respectively.

The bad news: The market isn’t moving at all, though there’s still an hour to go before the opening bell.

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