WMT Jul 2024 58.330 call
| Previous close | 3.6000 |
| Open | 3.5000 |
| Bid | 3.6500 |
| Ask | 3.7500 |
| Strike | 58.33 |
| Expiry date | 2024-07-19 |
| Day's range | 3.5000 - 3.5700 |
| Contract range | N/A |
| Volume | |
| Open interest | 3.67k |
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ReutersUS online retail spending up 7% Jan-April, driven by demand for cheaper products, report says
Consumer discretionary spending has been in focus over the past several months, as sticky inflation has forced shoppers in various categories to trade down to more affordable products. According to Adobe's data, the share of the cheapest units sold in categories like grocery and personal care has increased during the first four months of the year, while the share of the most expensive products has come down, indicating consumers are looking for cheaper alternatives. For instance, the share of least expensive groceries has gone up to 48% in April 2024 from 36% seen in January 2019.
