<< Read Full Article

May Sales Scare Off Investors; Retail Falls

Stock quotes in this article: WMT , TGT , M , RAD , NDN , LULU  

Retail shares fell yet again on Thursday, despite stronger May sales data.

The Commerce Department reported on Thursday that May retail sales grew by .5%, boosted by a rebound in auto dealerships and gas stations.

While most sectors saw a slight increase in sales, general merchandise stores, which include department retailers and discounters actually posted a decline. Investors did not react favorably to this small snag, sending shares in both sectors tumbling. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.68 1,109.24 2,185.03 33.23
Oil *
77.73
DOWN
18.90
UP
0.38
UP
9.22
UP
0.48
10 Yr
3.32%
SPDR Gold
119.18
-0.18%
+0.03%
+0.42%
+1.47%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services