American retailers are struggling with a host of issues that go far beyond the rise of e-commerce.
Futures on the Dow and broader U.S. stock market tumbled in overnight trading Tuesday after another iconic retailer announced it would shutter hundreds of stores and layoff thousands of workers.
U.S. Stock Futures Tumble
Futures contracts for all three major U.S. indexes traded modestly lower Tuesday evening. Dow Jones futures were off by as much as points before paring losses later in the session. At press time, the Dow’s March contract was down points, or 0.1%, to ,
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