Retail Sales Out This Morning - SPDR S&P Retail ETF (ARCA:XRT)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Retail sales data is out this morning, with expectations of a 0.6 percent gain, following July's lackluster performance of unchanged sales growth. Retail control, which excludes building materials, autos and gasoline, is expected to show a 0.5 percent increases. According to a Redbook Research report released Tuesday, national chain-store sales edged up 0.2 percent during in the first week of September from the same period in August, This beat expectations for a decline of 0.2 percent. The Johnson Redbook Sales Index also showed seasonally adjusted sales for the period rose 4.9 percent, above consensus for an increase of 4.4 percent, with sales driven by back-to-school items. The S&P Retail ETF (NYSE: XRT) rose 0.9 percent yesterday, in front of today's release.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!