's bear market bottom of 3,577. Since then, as of Wednesday's close of 4,376, the broad market index soared more than 22%.
Hotter than expected September consumer price index, consumer inflation. The Social Security Administration issues announced a 3.2% cost-of-living adjustment for 2024. plans price increases. Pricing power. Cites consumer price index showing sticky retail inflation for the fourth time in two years. to buy from neutral. Cites risk/reward from depressed levels. Traffic could improve. Gross margin upside. Merchandising better. Freight and transportation better. Target to report quarter next month.
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