Squawk on the Street cover image

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.

Play episode from 01:36
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app