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11min chapter
Wild Ride for Stocks, Trump's New Choices, Suspect in Killing of UnitedHealth CEO Pleads "Not Guilty" 12/23/24
Squawk on the Street
Retail Resilience and Market Shifts
This chapter explores the challenges faced by department stores post-pandemic, focusing on Macy's decline and the rise of direct-to-consumer strategies from brands like Nike and Ralph Lauren. It highlights the bankruptcy of the Container Store and the broader retail landscape, including market performance indicators and the impact of investor sentiment following economic policy changes. Additionally, the chapter discusses notable movements in semiconductor stocks, U.S. treasury yields, and new additions to the S&P 500, culminating in an optimistic outlook for earnings growth in the retail sector.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode