Jobs Report, Retailers Holiday Sales May Shake Stocks

Crowded Holiday Shopping Lot in Va. Turns Violent

Early reads on holiday shopping Investors also will look for winners and losers in the retail sector following Black Friday, the official kickoff for the holiday shopping season, and Cyber Monday, a key day for online holiday shopping. Whats expected? Most U.S. holiday shoppers plan to spend about the same as last year or more than last year, according to a Sterne Agee survey and a similar Deloitte poll. While its hard to say where people will spend relative to their budget/plan, it is encouraging to see that most people intend to spend amounts comparable to last year, said Charles Grom, a Sterne Agee retail analyst, in a research report last week. The reports on Black Friday included the typical tales of some brawling between bargain hunters, but also a little less activity than in prior years.

Sheriff Brian Hieatt said Jackson got out of his vehicle and confronted Sharp, punching him, and Sharp responded by severely cutting Jackson on the arm with a knife and pulling out a rifle. The rifle was not loaded. Sharp was charged with malicious wounding and brandishing a firearm. Jackson was charged with disorderly conduct and assault and battery. Both men were held at the Southwest Regional Jail in Tazewell County until family members paid $5,000 bond each for their release. Jackson was treated for the knife wound before he was taken to the jail They are scheduled to be arraigned on the charges next week. Neither man has an attorney, Hieatt said.