16-10-2020 22:06 via feedproxy.google.com

Dow rises 112 points as retail-sales blowout helps snap 3-day skid

Mario Tama/Getty ImagesUS stocks jumped on Friday as investors cheered a better-than-expected reading of September retail sales.American retail spending climbed 1.9% last month, more than double economist estimates. The reading marked the gauge's fifth straight increase and a sharp bounce from August's 0.6% gain.The encouraging economic data offset dwindling odds of a preelection stimulus deal. Senate Majority Leader Mitch McConnell said Thursday that he planned to bring only Senate Republicans'
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