Q1 GDP Cools on 1st Revision; KSS, BURL, FL Report Q1
Kohl’s(KSS) ZACKS·2024-05-30 23:35
Thursday, May 30th, 2024 The biggest day of market data this week (so far) is today. A first revision of Q1 Gross Domestic Product (GDP), Initial and Continuing Jobless Claims, Advance Trade in Goods, Inventory tallies and more key retail earnings numbers dominate the landscape. Unfortunately, pre-market futures are either discounting positive elements of the new data or they're simply ignoring it: the Dow is -300 points at this hour, The Nasdaq is -15 and the Nasdaq -25 points. The slo-mo selloff from all- ...