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Consumer Sector Update for 11/23/2018: KSS,AMZN,TGT


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Top Consumer Stocks

WMT +1%

MCD -0.43%

DIS -0.84%

CVS +0.12%

KO +0.60%

Consumer stocks were mixed, with shares of consumer staples companies in the S&P 500 rising over 0.3%, while shares of consumer discretionary firms in the S&P 500 slipped 0.4%.

Among consumer stocks moving on news:

(-) Kohl's ( KSS ) fell 3.7%. The retailer logged record online sales on Thanksgiving, according to CNBC.

In other sector news:

(+) Amazon.com ( AMZN ) fell 1% after the online retailer's warehouse employees throughout Europe went on strike to protest working conditions, multiple sources reported.

(-) Target ( TGT ) fell 3% on Friday after Morgan Stanley lowered its price target on the discount retailer by $10 to $60 a share. The brokerage reiterated its underweight investment recommendation on the stock.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Business , Commodities
Referenced Symbols: KSS , AMZN , TGT



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