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

Business Insider Australia | Oct 16, 2020 at 10:06 PM
  • US equities climbed on Friday after an advance reading of September retail sales showed stronger-than-expected growth.
  • The University of Michigan’s sentiment index rose to 81.2 from 80.4, buoyed by improving expectations for economic growth.
  • Brent crude, oil’s international benchmark, fell 2.1%, to $US42.27 per barrel, at intraday highs.