When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
April retail sales numbers underline the devastation on Main Street and shopping malls across the country caused by Covid-19 containment measures. Re-opening is now getting underway, but ongoing social distancing means this process will be slow while the surge in unemployment will further limit the prospects of a near-term rebound in sales.
Retail ruin
US retail sales fell 16.4% in April, worse than the 12% figure expected by the market. After the 8.3% decline in March, this brings a two-month drop in sales of 23.4%. These are obviously new records and underline