The class action lawsuit alleges Target leadership misled investors about the financial impact of boycotts in 2023.
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Stocks lost traction and Treasury yields climbed after two high-profile economic reports did little to alter bets the Federal Reserve will be in no rush to cut interest rates.
Treasury yields climbed and stocks wavered after the latest jobs report showed a moderating — yet healthy labor market — that will likely make the Federal Reserve hold rates steady for now.