Tag: retail

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Stocks open higher after stronger-than-expected retail sales rise

Stocks opened higher Friday after data showed a larger-than-expected rise in June retail sales. The Dow Jones Industrial Average DJIA,…

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Dow ends at 34,000 for first time; S&P 500 notches record as jobless claims hit pandemic low, retail sales surge

The S&P 500 and Dow clinched fresh records Thursday, after economic reports continued to affirm a healthy recovery from the…

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Stocks open lower after Biden proposal, weak retail sales

U.S. stocks slumped at the open Friday as investors assessed the chances for an ambitious fiscal proposal from President-Elect Joe…

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Retail stocks take a hit after disappointing data, as COVID-19 even weighed on online sellers

Shares of retailers traded broadly lower early Friday, to underperform the broader stock market, after economic data showing that December…

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Dow ends down over 170 points after disappointing December retail sales

U.S. stock-market benchmarks finished lower on Friday, booking weekly losses after a third straight drop in retail sales highlighted weakness…

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Stocks open higher as Wall Street looks to end three-day skid after jump in retail sales

U.S. stocks rose at the start of Friday’s trade as Wall Street looked to end a three-day drop, after an…

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Q2 retail private equity deals total $2.63 billion with Wayfair, Foot Locker and Albertsons among the big names

Private equity deals in the retail sector totaled $2.63 billion in the second quarter with well-known names involved in some…

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Target stock’s best day in 9 months boosts retail EFTs

Exchange-traded funds with big holdings in Target Inc. TGT outperformed Wednesday after the retailer reported quarterly results that blew away…

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U.K. retail sales fall by a record 18% in April, clothing sales slump 50%

A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office…