soaring consume are prices there up more than 10%. prices for bread and milk surging even more. on wall street, stock index futures leaning down after the dow yesterday notched a fifth straight day of gains thanks in part to positive quarterly numbers from walmart and home depot showing a a resilient consumer despite higher mortgage rates and slumping housing sentiment. gas prices dropping another penny, $3.94 a gallon, down more than 60 cents from a month ago. retail earnings show consumers are changing what they buy, but they are still buying as they grapple with months of high inflation. walmart revenue up 9%, shoppers spending more on groceries and less on discretionary items. increased foot traffic and said steep discounts lured in shoppers. walmart expects the trend to continue second half of the
Housing sentiment in the United States, as measured by the Fannie Mae Home Purchase Sentiment Index (HPSI), has fallen to its lowest level in more than ten years.
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