Washington CNN —
American shoppers continue to power the US economy.
Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll.
Wall Street cheered the American economy’s latest show of strength with the Dow rising more than 145 points at market open as other major stock indexes saw gains in early morning trading. Separate data from the Labor Department showed that new applications for unemployment benefits
→ Continue reading at CNN - Business News
