EL7.AI
StocksMediumUpdated×2•Originally published 16 July 2026•Updated 16 July 2026•
1 min read

US Markets Mixed as Retail Sales Grow Amid TSMC Record Profits

Key Facts

1The Dow Jones Industrial Average rose 150 points following cooler-than-expected producer inflation data.
2Apple shares hit a record high, while Amazon and Alphabet led market gains.
3Morgan Stanley reported strong earnings results, contributing to improved investor sentiment.

Reflecting the resilience of the American consumer, official data showed US retail sales rose by 0.2% in June. This macroeconomic signal arrived alongside TSMC (TSM) posting a record net profit of NT$706.6 billion, a 77% year-on-year surge. These dual catalysts triggered a divergence in futures markets, with Dow Jones contracts climbing 131 points while Nasdaq 100 futures slipped 0.45%.

The retail sales growth suggests steady consumer spending despite high interest rates, providing a tailwind for financials compared to tech sector pressures. Per market data, JPMorgan Chase closed at $346.91 and Goldman Sachs at $1,152.07 (close July 15, 2026). In commodities, oil prices trended higher while gold prices declined, indicating a shift in investor risk appetite following the retail data.

As of the July 15, 2026 close, Apple stood at $327.50 and Alphabet at $370.92. Investors should monitor the opening bell to see if the retail-driven momentum in the Dow can offset Nasdaq's weakness. Key upcoming catalysts include industrial production and jobless claims data, which will be critical in confirming the broader economic trajectory.