Wall Street today: S&P 500 rises 1% on July’s retail sales data; Tesla up 4%
Wall Street’s major indexes climbed roughly 1% following July’s retail sales data, which suggested strong consumer spending and eased concerns about a possible imminent recession in the world’s largest economy, on Thursday. At 9:35 a.m. ET, the Dow Jones Industrial Average rose by 503.66 points, or 1.26 per cent, reaching 40,512.05. The S&P 500 increased … Read more
