U.S. department store stocks jump on holiday spending record
25 Dec U.S. department store stocks jump on holiday spending record
Posted at 19:49h
in
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by KMFSLLP
CHICAGO, Dec 26 (Reuters) – Shares of U.S. department stores
jumped on Tuesday as Mastercard Inc said shoppers spent
over $800 billion during the season, more than ever before,
boosted by growing consumer confidence, rising employment and
early discounts.
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