
Retail Sales Miss, Markets' Record Run, Tech Rally: Apple vs. Microsoft 6/18/24
Squawk on the Street
00:00
Retail Sales Numbers and Market Response
The chapter discusses the decline in retail sales growth, highlighting strengths in online sales and restaurants, and weaknesses in furniture and apparel sectors. It explores the market's reaction to economic deceleration, potential Fed rate cuts, and the concentration of gains in big tech stocks, posing questions about high valuations and market vulnerabilities.
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Transcript


