The Commerce Department on Thursday reported March retail sales soared 9.8%, well above estimates for a 6.1% increase.
The Labor Department on Thursday reported 576,000 initial jobless claims last week, much lower than expectations for 710,000 new filings.
Bank of America’s earnings topped estimates on strong investment banking and trading results, as well as the release of loan-loss reserves as fewer consumers were expected to default on loans.
Coinbase Global shares jumped another 8% in Thursday’s premarket, one day after the cryptocurrency exchange debuted with a nearly $86 billion market value.
The CDC’s Advisory Committee on Immunization Practices has decided to postpone a decision on Johnson & Johnson’s Covid-19 vaccine while it investigates cases of six women developing a rare but severe blood clotting disorder that left one dead and another in critical condition.