1. Retailers are getting slammed after reporting holiday sales. Here's why | Markets Insider

    • Shares of retailers fell on Thursday after Target, Kohl's, and Macy's reported holiday sales guidance. Nordstrom shares plunged 8% in sympathy, and Best Buy fell 3%.
    • Macy's led the group to the downside, with an 18% drop. The company lowered its sales and earnings guidance after a weak holiday period.
    • The XRT, a popular retail-tracking ETF, fell 2%.
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