US stocks are rallying as traders got to digest a steady stream of positive news across the world. Turnaround Tuesday started when China took the first steps to lockdown exit in Shanghai and as the nation’s top regulators discussed easing its regulatory crackdown. The US session got started with big retail earnings that suggest the consumer is still strong and showed surprisingly underlying strength within the home improvement category.
A solid retail sales report and key earnings from Home
17-05-2022 10:48 GMT
by Edward Moya