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Coronavirus delivers record blow to U.S. retail sales in March (-8.7% in March)
Author: LillaYvr87
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Coronavirus delivers record blow to U.S. retail sales in March (-8.7% in March)
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Weak ISM Raises Uncertainty in Payrolls
Disappointing ISM manufacturing index weighed on US markets, making investors more cautious ahead of today’s employment report. Wall Street was mixed with DJIA gaining +0.4% while S&P 500 index staying flat at close. Treasuries strengthened (yields lower) as soft ISM data trimmed rate hike speculations. In the commodities sector, energy prices remained under pressure with both crude benchmarks declining…
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Weak ISM Raises Uncertainty in Payrolls