Stock markets are saying the growth scare of August is over.US retail sales beat estimates today and Walmart executives offered a strong endorsement of the health of the consumer. Shares of WMT are up 8% in the premarket.S&P 500 futures are up 1% and have now cleared the 61.8% retracement of the July-August rout.That's a good sign that we will get a complete retracement to 5719.The small cap market is reacting even better to the data with Russell 2000 futures up 2%. This article was written by Adam Button at www.forexlive.com.
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