Wall Street set for flat open after soft retail sales data By StuffsEarth

Estimated read time 2 min read

(StuffsEarth) – Futures tracking the tech-heavy Nasdaq and the benchmark climbed on Tuesday, after softer-than-expected U.S. retail sales data boosted investor optimism around monetary policy easing by the Federal Reserve this year.

A Commerce Department report showed retail sales rose 0.1% in May, below the 0.3% increase expected by economists polled by StuffsEarth.

At 8:30 a.m. ET, were up 13 points, or 0.03%, were up 4.25 points, or 0.08%, and were up 51.75 points, or 0.26%.

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