Retail Sales data reported April Retail Sales up 0.1% vs consensus of -0.3% for the month
U.S. Retail Sales Preview U.S. Retail Sales Preview: April retail sales are expected to reveal further declines. Analysts expect the headline to decline by 0.4% (median -0.3%) with the ex-autos figure falling by -0.4% (median -0.1%) as well. Both measures were also down by 0.4% in March as well.
Standard & Poor's to host a webcast Quarterly Teleconference U.S. Banking Sector webcast will be held on May 13 at 11 am. Webcast Link
Futures slightly lower in early trading U.S. equity futures are pointing to a slightly lower open. There is little news for investors to key in on, as earnings season is nearly over and most bellwether companies have already reported their results. Investors will be examining several pieces of economic data, however. Advance retail sales figures are due out at 8:30 am ET, and analysts are expecting to see a drop of 0.3%. Analysts expect a drop of 0.2% excluding autos. Due out after the market opens are business inventories for March.
Longview Solutions to host a conference 19th Annual Global Consumer Conference is being held in Atlanta, Georgia on May 13-16.