Booming retail sales
Retail spending surged in March thanks to stimulus checks from the government and rising vaccination rates.
Read MoreBullish sentiment ticked lower but still remains elevated
After hitting the highest level in over three years last week, bullish retail sentiment dipped lower in the latest survey.
Read MoreInitial jobless claims plummet
The U.S. Labor Department reported the number of people filing for initial unemployment benefits fell by 193k to 576k, the lowest number of applications since March 2020.
Read MoreEarly Thursday look
S&P futures are trading above Wednesday's close, amidst a higher session in Europe and a mixed close in Asia overnight.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved higher despite yesterday’s 0.41% loss in the SPX. Below are the closing…
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