U.S. Major Averages Retain Upward Bias, Weak Bounce In Retail Sales
- Barry Adams
- U.S.A. New York City
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Retail sales in May edged slightly higher from the previous month but rose 2.3% from a year ago, and sales advanced in 9 of the 13 categories. Market indexes advanced to new highs, supported by another day of gains in semiconductor stocks.
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