U.S. stocks rallied as consumer confidence remained strong, but lingering inflation fears continue to put pressure on the markets.U.S. stocks rallied as consumer confidence remained strong, but lingering inflation fears continue to put pressure on the markets.

Dow Jones up 200 points on strong retail sales, Netflix leads

1 min read

Major stock indices traded higher on strong earnings, while investors remain wary over Trump’s threats to the Fed.

U.S. stocks gained on strong retail data. On Thursday, the Dow Jones Industrial Average was up 180 points or 0.4% while the S&P 500 rose 0.48% and the tech-heavy Nasdaq rose 0.79%.

Traders will also be closely watching Netflix earnings. The streaming giant is set to report strong earnings of $7.07 per share, which is 45% higher than in the same quarter of last year.

Traders cheered the latest retail sales figures from the Commerce Department, which rose 0.6% in June on a monthly level. Figures rebounded from a steep drop in May, when sales declined 0.9%. This suggests that President Donald Trump’s tariff policy has yet to have a negative impact on consumer confidence.

Inflation fears eat into consumer confidence

Still, these figures are not adjusted for inflation, which rose significantly in June. Notably, after factoring in price increases, consumer spending rose just 0.3%, far short of the 0.9% May price drop. For this reason, traders will be closely monitoring the situation with the Fed, which has been under fire from the White House.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Solana Price Plummets: SOL Crashes Below $90 in Stunning Market Reversal

Solana Price Plummets: SOL Crashes Below $90 in Stunning Market Reversal

BitcoinWorld Solana Price Plummets: SOL Crashes Below $90 in Stunning Market Reversal In a dramatic shift for one of cryptocurrency’s leading networks, Solana (
Share
bitcoinworld2026/02/05 06:45
New Developments Could Push Price Toward $0.40

New Developments Could Push Price Toward $0.40

The post New Developments Could Push Price Toward $0.40 appeared on BitcoinEthereumNews.com. Pi Network has been one of the most anticipated projects in the crypto space, with millions of users mining its tokens via mobile devices long before a tradable price was established. Over the past few years, the project has carefully balanced its testnet development with community engagement, creating one of the largest ecosystems by user count despite not being fully listed on major exchanges. As 2025 advances, new updates are pushing Pi Network closer to mainstream adoption. Analysts suggest these developments could serve as the catalyst that finally drives Pi’s price toward the $0.40 level, a milestone that would validate years of community patience. In this context, investors are watching closely to see if Pi Network can turn its massive user base into sustainable value. Alongside this story, presale projects like MAGACOIN FINANCE are also drawing attention as speculative plays offering high asymmetry before exchange listings. Pi Network’s unique approach Unlike most cryptocurrencies, Pi Network built its community first, launching a mobile mining app that allowed millions of users to accumulate tokens without high-end hardware. This grassroots approach created unprecedented scale, with more than 50 million pioneers participating globally. The challenge, however, has always been translating this scale into economic value. By focusing on KYC verification, ecosystem apps, and gradual migration toward mainnet, the team has aimed to avoid the pitfalls of rushed launches. Analysts argue that this deliberate approach is what could allow Pi Network to sustain value once it achieves full exchange listings. Recent developments In 2025, Pi Network rolled out several updates that have sparked renewed optimism. Expanded KYC processes have accelerated, allowing more users to validate their holdings and prepare for migration. At the same time, Pi App Platform has gained traction, with developers launching decentralized apps directly into the Pi ecosystem. These apps range from…
Share
BitcoinEthereumNews2025/09/18 14:15
The $1.7 Billion Masterstroke Reshaping Tech’s Foundation

The $1.7 Billion Masterstroke Reshaping Tech’s Foundation

The post The $1.7 Billion Masterstroke Reshaping Tech’s Foundation appeared on BitcoinEthereumNews.com. A16z AI Infrastructure Fund: The $1.7 Billion Masterstroke
Share
BitcoinEthereumNews2026/02/05 06:36