By James Sillars, business and economics reporter A post-Christmas hangover for retail stocks is playing out this morning.Shares in some of the country's top retailers have taken a £2bn hit, according to Reuters analysis, with investor concerns relating to Christmas trading performances and the outlook for consumer spending ahead giving widespread warnings of rising bills and prices to come.
Tesco shares were down by 2% despite record sales over the week before Christmas and its best market share performance since 2016.M&S shares plunged 6% in their worst intraday fall in almost two years despite being declared among the Christmas winner for food.It is not often that investors don't like what they hear from Greggs.
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South Korean Retail Investors Favor US Stocks Amid Local Market SlumpFrustrated by years of poor performance in the South Korean stock market, retail investors are increasingly turning to US equities, betting on a continued rally. This trend is driven by a desire for higher returns and dissatisfaction with the local market's volatility.
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