Market Update: Target Surges While Macy's Struggles Amid Major Events

Reported about 2 months ago

Target's shares rose significantly in pre-market trading after the retailer exceeded earnings expectations for Q2, coinciding with a price cut on over 5,000 items. In contrast, Macy's stock dipped following a downward revision of its annual sales forecast. Additionally, Walmart announced the discontinuation of its eight-year collaboration with JD.com, selling off its stake. The Democratic National Convention also featured noteworthy speeches from former President Barack Obama and Michelle Obama.

Source: YAHOO

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