Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.
Tags: Retail sales
Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'
The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."
Weak retail sales dampen sharp Q2 growth rebound hopes
U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, the latest sign the economy was struggling to rebound strongly after barely growing in the first quarter.
Euro zone March retail sales weaker than expected
Euro zone retail sales were weaker than expected in March, data showed on Wednesday, turning negative on a monthly basis for the first time since last September.
Retail sales rebound signals thaw in economic activity
Retail sales rose in March for the first time since November as consumers stepped up purchases of automobiles and other goods, suggesting a sharp slowdown in economic growth in the first quarter was temporary.
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