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2024-04-18 11:13:53 ET More on Consumer Stocks and ETFs XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash Lululemon Athletica: Incessant Selling Is Unwarranted Delta Air...
2024-04-16 09:35:00 ET Summary Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Ecommerce, food services, miscellaneous retailers, and general merchandise retailers were the biggest drivers of growth. Some brick-and-mortar retail...
2024-04-16 07:00:00 ET Summary U.S. retail sales smashed expectations in March, with total sales up 0.7%, ex-autos up 1.1%, and the control group up 1.1% as well. Non-store retailers and bars and restaurants saw the biggest year/year increase of 11.3% and 6.5%, respectively. F...
2024-04-16 03:39:00 ET Summary Remarkably strong retail sales numbers for March contradict somewhat weaker survey and credit card spending evidence. But with jobs, inflation, and activity all beating expectations, the Federal Reserve is in no position to carry through with interes...
2024-04-15 09:54:41 ET More on SPDR S&P Retail ETF Retail Sector Earnings Roundup: Analyzing The Winners And Losers Celsius, Starbucks, McDonald's and e.l.f. Beauty stand out in a survey of teenagers Cons Disc distribution & retail has the highest dispersion ...
2024-04-11 11:27:00 ET More on Consumer Discretionary Select Sector SPDR ETF XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash Consumer discretionary was the most net sold secto...
2024-04-09 10:00:53 ET More on SPDR S&P Retail ETF Retail Sector Earnings Roundup: Analyzing The Winners And Losers Cons Disc distribution & retail has the highest dispersion among S&P groups - MS Retail sales are forecast by the NRF to rise at a slower p...
2024-04-08 12:38:18 ET More on Consumer Discretionary Select Sector SPDR ETF: XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash Top 7 buy-rated stocks in Consumer Discretionary ...
2024-04-02 11:50:25 ET Apparel stocks are under heavy selling pressure Tuesday in sympathy with a freefall in PVH Corp ( NYSE: PVH ). The parent company of Calvin Klein and Tommy Hilfiger is down by another 23%+ adding to Monday’s after-hours loss of 27% on the heels of d...
2024-03-29 04:58:00 ET Summary Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The BEA’s measure of corporate profits tracks profits from current production by all businesses that have to file corporate tax returns, ...
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On Tuesday, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc. (NYSE:AMC) once again captured the spotlight as their...
The U.S. economy added 175,000 jobs in April, well below Wall Street expectations of 240,000, strengthening bets that the Federal Reserve will be a...
Billionaire investor and investment guru Warren Buffett is admired by novices and experts alike for his sound financial advice. On Saturday, he sha...