Retail Rockets Market Higher, But Will the Strength Continue 05/26/22

May 26, 2022 · 44m 2s
Retail Rockets Market Higher, But Will the Strength Continue 05/26/22
Description

Shares of Dollar Tree, Dollar General and Macy’s soared on Thursday after positive earnings and guidance for the year. But with major companies announcing job cuts and consumers dipping into...

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Shares of Dollar Tree, Dollar General and Macy’s soared on Thursday after positive earnings and guidance for the year. But with major companies announcing job cuts and consumers dipping into savings, will the strength continue? Plus earnings from Costco, Ulta and Gap, and the digital ad company that rallied in a big way today.
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Author CNBC
Organization CNBC
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