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Tag: S&P 500 Index

Chipotle CEO says customers will have to keep waiting for breakfast burritos

Chipotle Mexican Grill CEO Brian Niccol said its customers will just have to keep waiting if they want a breakfast burrito, even as Wendy’s and other competitors launch morning menus. “Maybe down the road, there’s an opportunity for us to extend our hours earlier into the day, but I think there are just a lot …

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Black Friday may not save retail, but some e-commerce plays are buys

Retail has had a rough year. One of the worst-performing groups in the stock market for 2019, retail stocks have had difficulty mitigating the effects of the ongoing U.S.-China trade war and consumers’ shifting shopping preferences, with names like Macy’s and Gap notching double-digit losses for the year. The SPDR S&P Retail ETF, also known …

Black Friday may not save retail, but some e-commerce plays are buysRead More

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports from Kohl’s and Urban Outfitters. …

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earningsRead More

5 things to know before the stock market opens November 8, 2019

1. Dow set to open higher, Treasury yields dip after big surge Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City. Drew Angerer |Getty Images 2. Navarro vs. Kudlow on tariffs future in a ‘phase one’ US-China …

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TJX, Ross, Burlington benefit from ‘losers in the mall’

CNBC’s Jim Cramer on Friday highlighted one segment in the retail industry he believes will work well in a portfolio whether the economy is slowing or thriving. The off-price retailers of TJX Companies, Ross Stores and Burlington Stores satisfy both consumers looking for bargain deals and real estate investment trusts, or REITs, looking to lease …

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Chipotle staged a comeback. Here’s how it will keep the growth going

Chipotle Mexican Grill‘s stock is one of the top performers on the S&P 500 so far this year as investors continue to applaud the chain’s comeback under CEO Brian Niccol. The stock, which has a market value of $20.9 billion, is up 74% this year, as of Monday’s close. Shares are trading down less than …

Chipotle staged a comeback. Here’s how it will keep the growth goingRead More