Retail sales keep soft landing hopes alive after recession scare

The S&P 500 has surged over 6% since August 5, rebounding from its largest three-day decline in over two years. Optimism surrounding an economic soft landing, fueled by positive data, is alleviating recession fears and driving U.S. stocks higher after a challenging period. This recovery highlights the market's resilience and shifts in investor sentiment. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Fast Company