Consumer Cos Up On Jobs Optimism - Consumer Roundup
Shares of retailers and other consumer-services companies ticked up amid optimism on the jobs market ahead of data Friday. New jobless claims, a proxy for layoffs across the U.S., fell by 2,000 to a seasonally adjusted 236,000 in the week ended Dec. 2, the Labor Department said. Dollar General shares rose after the deep discounter, which has concentrated on under-served rural markets, boosted its sales projection for the year. Dollar General also slowed its expansion, targeting fewer store openings in 2018.
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December 07, 2017 16:36 ET (21:36 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.