The Census Bureau says U.S. retail sales in April unexpectedly slipped by 0.2% from March. Economists had projected an increase of 0.2%.
Watch the video timeline detailing Macy's history.
With the U.S. inflation rate lagging well below the Federal Reserve's 2% target, President Donald Trump's increased tariffs on Chinese imports could push up consumer prices -- by a lot. A recent study puts the estimate at $2,300 annually for a U.S. family of four.
The department store retailer needs to see more bullish price action before concluding that a rally can be sustained.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
Let's ignore the tweets and see what the charts suggest.
New NextDay delivery sounds great, but I'd turn my focus to earnings.
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