US Stock Market Move | Retail sector decreases, Target Corporation (TGT.US) drops by 4.9% at one point.

On Thursday, the retail sector experienced a downturn, with Target Corporation (TGT.US) falling by as much as 4.9%, marking its largest decline since November 20. At the time of writing, Target Corporation had dropped by over 3%, Walmart Inc. (WMT.US) had fallen by 0.78%, and Costco (COST.US) had decreased by 0.12%. In terms of news, retail sales in the US for December increased by 0.4% month-on-month, lower than the expected 0.6% and revised down from the previous 0.7% to 0.8%. Economists surveyed by Dow Jones had previously predicted a 0.5% growth in this number, lower than the previous month's 0.7%.