Market Features
Cyber Monday Saves Black Friday
Sports apparel and gear reported a surge of 55% in the number of new customers visiting their sites, but the average dollar amount consumers spent per order slipped 3.1%.
Department stores also saw a 33% increase in new shoppers coming to their sites. Kohl's(KSS) saw its site crash over the holiday weekend due to an influx in traffic, but it was up and running in time for Cyber Monday. "We expect to see one more spike in online spending when the final 'free-shipping-is-ending' promotions are announced," John Squire, chief strategy officer at Coremetrics, said in a statement. Coremetrics gets its data from more than 500 retailers, including Nordstrom(JWN) and Macy's(M). -- Reported by Jeanine Poggi in New York Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 14.62 |
Oil *
98.98
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
1.19 |
10 Yr
1.46%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-7.53%
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