Avery Sheffield, VantageRock co-founder, joins 'Closing Bell' to discuss market momentum and takeaways from retail earnings.
Some consumer discretionary stocks have performed better than others. Luxury, homebuilding, and travel have been a bright spots.
Total earnings from 96.3% of the sector's total market capitalization reported so far are up 23.9% on 5.5% higher revenues, with 78.6% beating EPS estimates and 57.1% beating revenue estimates.

Retailers Sound Alarm of a Consumer Slowdown

05:41pm, Tuesday, 22'nd Aug 2023
Macy's, Target, and Home Depot warned discretionary purchases were slowing. It's a downcast backdrop for retailers reporting later this week.
Economic indicators are released every week to help provide insight into the overall health of the U.S. economy. With the Fed's tightening on monetary policy and the constant threat of a recession loo
Retail data in the U.S. is exceeding expectations, boosting the economy despite inflation and global economic challenges. The current landscape, however, isn't benefitting all retailers equally. Major
Matt Shay, National Retail Federation CEO, joins 'Closing Bell Overtime' top talk retail earnings, the state of the consumer and what's ahead for the economy in the second half of 2023.
Retail sales in the United States gained 0.7% sequentially in July of 2023, marking a fourth successive rise.
The retail sector is in focus ahead of the earnings releases from big retailers. Big-box retailers like Wal-Mart (WMT), Home Depot HD, Lowe's LOW and Target TGT, as well as store channels like Nordstr
Simeon Siegel, BMO Senior Analyst, joins 'Closing Bell Overtime' to talk the upcoming slate of retail earnings.
Dana Telsey, CEO of the Telsey Advisory Group, joins 'Squawk on the Street' to discuss retail brands benefiting from the success of Taylor Swift shows and the Barbie movie, trends in the clothing reta

ETFs to Benefit & Lose From Higher Oil Price

12:55pm, Tuesday, 08'th Aug 2023
U.S. crude has risen 20% in the past six weeks while Brent gained 17%. We have highlighted ETFs that are expected to benefit/lose from higher oil price.
Retail sales in the United States gained 0.2% sequentially in June of 2023, below forecasts of a 0.5% increase.
Americans are feeling optimistic about the U.S. economy, buoyed by easing inflation and a strong job market. Consumer sentiment soared this month to the highest level in almost two years.
XRT: Why I See An Argument For Taking The Profit In The Retail Sector (Rating Downgrade)
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