The advanced retail sales report for September was expected to show a gain of 0.3%, according to a Dow Jones estimate.
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a weakening economy.
The numbers are not adjusted for inflation, so they indicate that consumers more than kept up with price increases. The consumer price index, released last week, showed headline inflation up 0.4% in September.Treasury yields moved higher following the report while stock market futures remained in negative territory.
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