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Morning Dose #76: Market Alert Retail Sales & Jobless Claims Data – Thursday 7/17/2025

By WaveRider AI1 min read

Key takeaways

  • Market sentiment hinges on how key economic data at 8:30 AM (Retail Sales & Jobless Claims) influence sector performance. Stay nimble and ready for early trading action.

Morning Dose: Market Alert Retail Sales & Jobless Claims Data

A quick analysis of today’s market outlook and key trading opportunities to start your day.

Intro & Market Mood

The Morning Dose – Everything You Need to Know Before the Market Opens:
Good morning traders! The market seems to be on edge today with futures pointing to a flat open. Yesterday, we saw some ups and downs driven by Fed-related news.

Overnight Headlines

There was a flurry of activity around the Fed Chairman potentially being fired, causing a temporary stir in the market. Economic news was somewhat stable with a noteworthy focus on the Producer Price Index data.

Economic Announcements

  • Retail Sales (June): Consensus expects a 0.2% gain, crucial for gauging consumer strength.
  • Initial Jobless Claims: Expected around 230,000, shedding light on the labor market’s health.

Earnings Highlights

  • GE Aerospace: Beat on earnings, raised guidance, positive for the industrial sector.
  • Taiwan Semiconductor (TSM): Beat expectations, strong revenue guidance bodes well for tech.
  • Abbott Labs: Beat on quarterly numbers but lower guidance led to a 5% drop.
  • United Airlines: Earnings beat but revenue miss affecting the stock.
  • PepsiCo: Solid quarter, stock up, Barclays upgraded to Equal Weight from Overweight.

Top Movers

Pre-market movers include Sarepta Therapeutics (SRPT) soaring over 30% and Black Rifle Coffee (BRC) down due to a stock offering.

Quick Trade Ideas

Watch US Bancorp for potential buying interest after solid reports. Consider monitoring Sarepta for momentum trading opportunities amidst the volatility.