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U.S. retail sales surge to 26-month high as buyers rush to avoid tariff-related price hikes - MarketWatch

1. U.S. retail sales surged 1.4%, highest in over two years. 2. Trade wars may boost prices and slow future economic growth. 3. Auto sales increased 5.7%, driving a significant retail sales boost. 4. Consumers confident in dining out amidst trade war pressures. 5. Market reaction: DJIA fell 1.17%, while S&P rose slightly.

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FAQ

Why Bearish?

The DJIA declined by 1.17%, indicating investor caution due to trade war uncertainties, similar to past market dips triggered by tariff fears.

How important is it?

Retail sales trends and trade war impacts are crucial indicators for DJIA performance, influencing market sentiment.

Why Short Term?

Short-term pressures from ongoing trade disputes are likely to manifest quickly in market volatility, as seen in previous years.

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