WMT - Wall Street Breakfast: U.S. E-commerce Hits Holiday Record
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links).
U.S. holiday e-commerce sales grew nearly 19% from the 2018 period, according to new Mastercard data. Online sales represented 14.6% of the total retail sales between November 1 and Christmas Eve, boosting retail giants like Amazon (AMZN), Target (TGT) and Walmart (WMT).
U.S., China closer to trade deal
China’s commerce ministry spokesman said the parties are close to signing the Phase 1 trade deal agreement.