S&P 500 inches higher as Black Friday sales kick off [Financial Post (Toronto, Ontario, Canada)]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: Financial Post
Advertisement Shoppers were expected to turn out in record numbers to shop for Black Friday deals, but with inclement weather, thin crowds were seen outside stores on what has historically been the busiest shopping day of the year. U.S. retail stocks have become a barometer of consumer confidence as inflation bites. The S&P 500 retail index slipped 0.1% on Friday, bringing its year-to-date losses to a little over 30%, while the S&P 500 is down 15% so far this year. “We're going have a higher-than-expected Black Friday sales number. The reason why I think so is the strength of U.S. consumers is still being far too discounted with full employment and large cash savings,” said Phil Blancato, chief executive of Ladenburg Thalmann Asset Management in New York. Shares of retailers Target Corp, Macy's Inc and Best Buy Co Inc were mixed, while the S&P consumer discretionary index rose 0.3%. Wall street's main indexes have rallied strongly since hitting their early October lows, wit
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News
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- False Advertisement: Target Corporation Investigated by Levi & Korsinsky, LLP?? Accesswire
TGT
Earnings
- 3/5/24 - Beat
TGT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- TGT's page on the SEC website