Stock Market Rises After Robust Economic Data - US Dollar Recovers - IBM and Moderna Achieve Breakthrough in Quantum Computing Medical Research - TSMC Benefits From Booming AI Demand - DAX Benefits From Trump Clarification on Fed Chair Powell - Siemens Leads the Rise

Stock market rises after robust economic data The American stock markets are showing strength following surprisingly positive economic data . The S&P 500 continues to hover near its all-time highs, while the US dollar recovers from its recent setback. Key to the optimistic sentiment were the retail sales figures for June, which saw a rise of 0.6%, well above analysts' expectations. At the same time, initial claims for unemployment benefits fell for the fifth consecutive week to the lowest level since mid-April. "The consumer has come...