Yahoo Finance’s Jared Blikre breaks down how markets opened on Friday.
CAPTRUST Director of Investments Christian Ledoux and ERShares COO Eva Ados join Yahoo Finance Live to talk about the market outlook amid sell-offs, retail stocks, how the Fed is viewing future interest rate hikes, and rises in energy and food prices.
The overall stock market has been struggling with the Dow Jones Industrial Average heading for its eighth straight losing week. For retail stocks including Target (NYSE: TGT), Costco Wholesale (NASDAQ: COST), and Kohl's (NYSE: KSS), this past week has been the worst of them all. As of Friday midmorning trading, Target shares had dropped a whopping 30% for the week.