By  on July 20, 2010

Retail stocks rose 0.4 percent Monday, making up some of the ground lost in Friday’s 3.3 percent drop.

There’s little indication the still-depressed markets are ready to take a decisive move up, as early second-quarter reports from major banks have painted a somewhat mixed picture of the economy. And investors are waiting for retailers to weigh in with their outlooks for the rest of the year when they report second-quarter results next month. Investors are also keeping a close eye on consumers, who have had their confidence shaken by continued weakness in employment.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus