US stocks are trading mixed at the US session, and financial stocks post solid gains with higher US Treasury yields.
Despite expectations of declining retail sales due to a rapidly spreading delta mutator, US retail sales unexpectedly rose in August by 0.7% to $618.7 billion.
The Philadelphia Fed Manufacturing Index also jumped significantly to 30.7 in September vs. 18.8 expected.
Despite the impressive US data, it seems that the major US stock indices have not been affected much, with the Dow Jones Industrial Average rising to 34900, the S&P 500 remaining unchanged in the early US session at 4480, and the Nasdaq Composite dropping to 15145.