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This basket consists of brick and mortar who have lost considerable market share to online competition.
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Nordstrom (JWN) posts better-than-expected earnings and sales in third-quarter fiscal 2019. It also raises the lower end of the earnings outlook.
Ross Stores (ROST) tops earnings and sales estimates in third-quarter fiscal 2019 on better-than-expected operating margin. Moreover, the company raises its earnings view for fiscal 2019.
Volatility has gripped Wall Street since the past week owing to several conflicting news about the signing of an interim trade deal between the United States and China.
Investing.com - U.S. futures were slightly higher on Friday, after Chinese President Xi Jinping said he wants a trade deal with the U.S. but is not afraid to “fight back.”
Nordstrom (JWN) delivered earnings and revenue surprises of 24.62% and 0.85%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?