Options traders are the most bullish on Target Corp. in almost eight years as they bet the discount retailer will recover from an attack by hackers and an expansion into Canada that has mauled earnings.
Stocks surged, sending U.S. benchmark indexes up the most since May, while the dollar and Treasuries slid as growth in American retail sales bolstered optimism in the earnings season and investors speculated European banks will pass stress tests.
Phil Lubov wore his favorite striped blue tie and brought a stack of resumes, aiming to land a holiday-season sales job to replace the retail position he lost in May. Part-time journalism teacher Gabe Walker said he arrived early, trying to boost his income.
Matthew Bucksbaum, who influenced how Americans shop and invest in retail real estate as co- founder of General Growth Properties Inc., the second-biggest U.S. owner of shopping malls, has died. He was 87.