The sales warning from Target is dampening optimism toward consumer spending during the holiday season and outweighing the better than expected (October) retail sales data.
More Quotes from Chris Burba:
Any moderation in recent optimism toward holiday sales could certainly impact the broader market, including tech stocks.Chris Burba
Today, existing home sales are strong and that appears to be weighing on the market a bit because Treasury yields are higher.
Chris Burba
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