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Wall Street and retail sales trends in the United States

Wall Street slightly higher thanks to banks

Today on Wall Street opens with a slight increase, mainly supported by the solid quarterly performance of banks. These results exceeded analysts’ expectations, contributing to some stability in the main stock indices. At the opening, the Dow Jones index remained stable, while the S&P 500 rose by 8.79 points (+0.15%) and the Nasdaq grew by 56.26 points (+0.29%). This positive scenario is a sign of confidence for investors, who are looking with interest at upcoming economic developments
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Decline in the price of oil

In the current context, the price of WTI oil at Nymex shows a slight decline, falling by 0.29% to 79.81 dollars per barrel. This decrease could reflect the uncertainties related to global demand and the production policies of producer countries. Analysts are watching these dynamics closely, as the price of oil has a significant impact on the US economy and financial markets
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Retail sales below expectations

Another important aspect to consider is the trend in retail sales in the United States. In December, these registered an increase of 0.4% compared to the previous month, reaching 729.2 billion dollars. However, this increase is lower than analysts’ expectations, who expected an increase of 0.6%. On an annual basis, the sector saw an increase of 3.9%, but core sales, excluding cars, grew by only 0.3%, exceeding the figure of the previous month but remaining below forecasts. This scenario could indicate some caution on the part of consumers, influenced by economic and inflationary factors
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