U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the inflation fallout from import tariffs.

Officials with the Food and Drug Administration have approved the continued sales of tobacco-flavored e-cigarettes and refill cartridges by Juul Labs.

US retail sales rebounded in June in a broad advance, potentially tempering some concerns about a retrenchment in consumer spending.

PepsiCo is reporting better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.

The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.

Dozens of companies listed under the index have surpassed analyst expectations through a series of earnings reports this week.