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Friday preview: UK retail sales, Burberry in focus
The market spotlight going into the bank holiday will remain on the UK, with a reading on retail sales for April is due out.
US existing home sales plummet in April, but prices gain
Sales of second-hand homes slowed as expected last month, registering their largest one month drop since July 2010, yet prices continued to rise.
Surge in weekly US jobless claims slows
Initial weekly jobless claims in the States continued to rise at an accelerated but revised figures for the prior week revealed a larger than expected slowdown.
Philly Fed index continued to drop at accelerate pace in May, details stronger
Factory activity in the US mid-Atlantic region continued to shrink at extraordinarily sharp pace in May, the results of a closely-followed survey revealed.
Macy's sees moderately better-than-expected demand at reopened stores
The novel coronavirus pandemic will push department store chain Macy's back into the red on a full-year basis as its sales are hammered lower, the company said on Thursday.
Europe midday: Stocks dip despite better-than-expected PMIs
Stocks in Europe are mired in the red despite gains on Wall Street overnight and a slight beat versus consensus on two key surveys for activity in the single currency bloc.
Europe open: Stocks dip amid as buyers wait on economic data
Stocks in Europe are trading modestly lower, despite a renewed push higher on Wall Street overnight, as investors waited on a wave of economic data scheduled for later in the session in the US.