Wall Street Weekahead: Tariffs could lead to markdowns in retail shares
U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened tariff increases. The potential impact of the trade dispute is likely to be a key issue next week when Home Depot, Nordstrom, Kohl's and Target are due to report results. Although it reported better-than-expected earnings, Macy's shares slipped this week after it said the latest tariffs on Chinese imports by ...
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