Stocks rose on Wall Street, notching their third gain in a row, after US retail sales rebounded last month by much more than economists were expecting. The S&P 500 climbed 1.9% Tuesday in another… Money News Summaries.
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Stocks rose on Wall Street, notching their third gain in a row, after US retail sales rebounded last month by much more than economists were expecting. The S&P 500 climbed 1.9% Tuesday in another volatile day. The spending data bolstered hopes that the economy can pull out of its recession relatively quickly. However trading remains skittish as worsening coronavirus trends in several hotspots around the world rattle investors.