Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared.
The S&P 500 Consumer Discretionary Distribution & Retail index is up nearly 14% this year,…[#item_full_content]
Equities End Flat But Dow Ekes Out Record
U.S. stocks closed nearly unchanged Friday, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate