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Forget about Turkey and tariffs. Bulls are flocking to U.S. retailers this week. Tapestry (TPR) and Advance Auto Parts (AAP) are leading the charge today. TPR, parent of Coach and Kate Spade, shot past estimates on strong hand-bag demand. The resulting 13 percent...
The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs, their own inventories, customer...