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U.S. stocks open higher after retail sales data, with Dow climbing almost 200 points

Clyde Edgerton by Clyde Edgerton
September 14, 2023
in Markets
U.S. stocks open higher after retail sales data, with Dow climbing almost 200 points
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U.S. stocks opened higher on Thursday, after a government report showed that retail sales last month were stronger than expected. The Dow Jones Industrial Average
DJIA,
+0.96%
was up almost 200 points, or 0.5%, soon after the opening bell, while the S&P 500
SPX,
+0.84%
gained 0.5% and the Nasdaq Composite
COMP,
+0.81%
climbed 0.4%, according to FactSet data, at last check. Retail sales in the U.S. rose 0.6% in August, as consumers continued to spend, according to a report Thursday from the U.S. Census Bureau. That was stronger than the 0.1% gain forecast by economists polled by the Wall Street Journal.



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