Holiday sales may mark biggest gain since 2005
Customer Growth Partners raised its holiday sales forecast to a 4.9 percent rise to 637 billion dollars, the strongest gain since 2005. Online sales could reach 15 percent, electronics and home goods showed strong demand, and low unemployment plus higher disposable income supported spending.
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U.S
Craig Johnson
Home Depot
Johnson
Mutua
Ambala m
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InvCoAmAm
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Wamutinvam
Dodge & Cox Income
Dodge & Cox IntlStk
Dodge & Cox Stock
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Rowe Price
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Vanguard Stgradeact
Tock
Roundup of brake issue probes and returns day record
The NHTSA probes Ford Fusion and Mercury Milan 2007–2009 for soft brake pedal on slippery surfaces with about 475000 vehicles affected amid 141 complaints and three crashes. Ford will cooperate. Also, UPS flags January 5 as National Returns Day with 1.3 million returns and an expected 5.8 million by week’s end, amid a 260 billion dollar 2015 return value estimate from NRF.
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New York
Uss
National Highway Traffic Safety Administration
NHTSA
Washington
UPS
Atlanta
National Retail Federation
U.S. stocks end mixed as Nasdaq hits record high
Wall Street posted gains with the Dow at 19,945.04 up 0.1 percent and the Nasdaq at 5,487.44, a record intraday high, as energy and materials led while utilities eased. Trading was light after the long weekend, with major indexes showing broad 2016 momentum and consumer data pointing to a positive backdrop.
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Erik Davidson
Wells Fargo Private Bank
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Standard & Poor
Conference Board
Bill Northey
U.S. Bank
Lennar
D.R
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