Current Events Articles

AZ Central

US stock futures tick higher on Black Friday

November 23, 2012

NEW YORK -- U.S. stock futures are ticking higher on Black Friday, the unofficial start of the holiday shopping season. Retail is a key chunk of the U.S. economy -- consumer spending accounts for about 70 percent of it. Shopping trends on Black Friday may signal consumers' appetite for spending over the next few weeks. November and December, which can account for as much as 40 percent of a retailer's annual revenue, are crucial for stores.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • Top 10 Commercials of the Week: Nov. 16-23
  • Shoppers brave crowds for Black Friday deals
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury