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Unloved Consumer Names Like Walmart Face Pressure as Rate Hike Draws Near

Key Points

Stocks that are most closely tied to the health of the US consumer have trailed the broader market badly this year. A potential Federal Reserve interest-rate hike Wednesday may add to the segment’s stress.

Stocks that are most closely tied to the health of the US consumer have trailed the broader market badly this year. A potential Federal Reserve interest-rate hike Wednesday may add to the segment’s stress.
US (LOCATION) Federal Reserve (ORG)
Originally published by Bloomberg Markets Read original →