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The S&P 500 was up 1.6% on Thursday, Aug. 15, 2024, as a strong retail sales report underscored the resilience of U.S. consumers.

Equities, Yields Rally as Markets Parse Macro Data, Corporate Earnings

(Bloomberg) -- Developing-nation currencies trimmed weekly gains after data underscoring the resiliency of the US economy cooled bets on an outsize interest-rate cut by the Federal Reserve next month. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitA

Dell Technologies shares jumped Thursday, adding to recent gains as analysts highlighted the legacy computing company's opportunity to gain from surging demand for artificial intelligence.

July retail sales and Walmart gave a boost to retail sentiment, helping to drive a stock market rally.

The airline is raising cash ahead of a potential downturn.

Six Flags Entertainment shares rose Thursday after the company unveiled investments for 2025, including seven new roller coasters.