AllMarket Update
logoArgusSeptember 17, 2024

Market Update: AEP, ANF, INTC

Sector(s)
Utilities, Technology, Consumer Cyclical
Summary

Stocks are up following better-than-expected Retail Sales data this morning and the feeling of certainty that a rate cut is coming tomorrow in some form. Sales inched up 0.1% in August above an expected decline of 0.2%. On a yearly basis, sales came in at 2.1% for August, slower than expectations and the strong 2.7% pace the month before. This was the last big economic report before tomorrow's much-awaited decision on interest rates. The big question; Will they cut 25 or 50 b

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