11:59:01 EDT Fri 17 Jul 2026
Enter Symbol
or Name
USA
CA



Wells Fargo CDR (CAD Hedged)
Symbol WFCS
Shares Issued 1,150,000
Close 2026-07-16 C$ 24.38
Market Cap C$ 28,037,000
Recent Sedar+ Documents

Globe/wire say Morgan, rivals see retail sales rise

2026-07-17 09:21 ET - In the News

See In the News (C-MS) Morgan Stanley CDR (CAD Hedged)

The Globe and Mail reports in its Friday, July 17, edition that United States retail sales rose slightly in June, impacted by lower gasoline prices, but bargain-hunting consumers still supported overall spending. A Reuters dispatch to The Globe reports that retail sales increased by 0.2 per cent last month following a revised 1-per-cent rise in May, according to the Commerce Department's Census Bureau. Economists had predicted a 0.2-per-cent gain after an initially reported 0.9-per-cent advance in May, with estimates varying from a 0.4-per-cent decline to a 1-per-cent increase. Average gasoline prices fell to $4.18 (U.S. a gallon last month from $4.61 (U.S.) in May, data from the U.S. Energy Information Administration showed. A recent drop in oil prices had briefly lowered pump costs, enabling increased spending. However, following the collapse of the U.S.-Iran ceasefire last week, oil and gasoline prices are now rising again. Retail sales excluding automobiles, gasoline, building materials, and food services rose 0.5 per cent in June, following a revised 0.8 per cent increase in May. These core retail sales closely align with consumer spending in GDP and were initially reported as a 0.7-per-cent gain for May.

© 2026 Canjex Publishing Ltd. All rights reserved.