Regions Wealth Management's chief of investments, Alan McKnight, says the US retail sales data on Nov. 25 will be "particularly important†despite it being backward-looking. It will offer fresh insight into consumer resilience ahead of the holiday season, after mixed earnings from retailers like Walmart and Home Depot. ...

Wall Street's biggest banks kicked off third-quarter earnings by highlighting the resilience of U.S. consumers and added that credit has shown no cracks so far despite higher rates and economic uncertainty. ...