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Strong Retail Sales Boost Market Confidence Amid Tariff Impact

7/18/2025

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Summary

Story summary

Investors are prioritizing economic data over tariffs, with June CPI and Retail Sales reports expected soon.
President Trump implemented a 50% tariff on copper imports, affecting the Materials sector.
June Retail Sales increased by 0.6%, surpassing forecasts and enhancing market confidence.
Major companies like PepsiCo and TSM reported strong earnings, while Starbucks received a downgrade.

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Story summary

Investors are prioritizing economic data over tariffs, with June CPI and Retail Sales reports expected soon.
President Trump implemented a 50% tariff on copper imports, affecting the Materials sector.
June Retail Sales increased by 0.6%, surpassing forecasts and enhancing market confidence.
Major companies like PepsiCo and TSM reported strong earnings, while Starbucks received a downgrade.