US stocks boosted by strong consumer data

US stocks boosted by strong consumer data

The Straits Times - Business·2019-11-23 05:58

NEW YORK (AFP) - Wall Street stocks finished higher on Friday (Nov 22), shaving losses for the week following mostly solid retailer earnings and good consumer confidence data.

Retailers Nordstrom and Gap both jumped following earnings reports, while a University of Michigan report showed higher consumer confidence in November, bolstering sentiment at a critical period for stores.

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