
Retail Sales Blowout Sparks Market Rally, Walmart Surges, Cisco CEO on Job Cuts, Earnings and AI 8/15/24
Squawk on the Street
00:00
Intro
This chapter covers the recent increase in retail sales, focusing on Walmart's strong performance and revised guidance. It highlights the stability of consumer health and the resulting positive sentiment in the stock market, setting the stage for broader economic analysis.
Transcript
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