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US retail stocks show mixed reactions after weak jobs report tests consumer strength

Technical Signals
06 Jul 2026
FXEmpire
View Source
Neutral
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Following a weak US jobs report, retail stocks Walmart, Target, and Costco showed varied market responses. Walmart and Costco are seen as potential buys on dips due to their appeal to cost-conscious consumers, while Target remains stable with technical support at key levels. The report raises concerns about US consumer resilience but experts suggest patience as the market may recover over time.

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