Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday.
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Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday.
U.S. stock futures rose on Monday, rebounding from last week's sell-off following strong Goldman Sachs earnings and hopes that the conflict in the Middle East won't further escalate.
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market.
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected.
This is CNBC's live blog covering Asia-Pacific markets.
Stock futures dipped as Wall Street looked ahead to a second key inflation report.
This was CNBC's live blog covering European markets.
Stock futures hovered near the flatline Tuesday night as investors await key U.S. inflation data that will inform the Federal Reserve's path on rate policy.