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US retail sales see first decline in 9 months, strengthening market bets on Fed hold

Reuters ·

WMT Walmart Inc
$115.27 -0.39%
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  1. 1Friday data showed U.S. retail sales fell for the first time in nine months
  2. 2Attention this week turns to Walmart (WMT) and Home Depot (HD) earnings and the AI spending boom, with market odds tilting further toward a Fed hold
  3. 3In Japan, traders are betting on faster rate hikes, pushing 10-year yields to 2.925%, near a 30-year high

This 3-line summary is compiled from the report below.

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