- Department store stocks are lower after Macy's misses estimates with its Q2 report and warns on consumer spending.
- Decliners: Nordstrom (NYSE:JWN) -2.2%, Sears Holdings (NASDAQ:SHLD) -1.8%, Kohl's (NYSE:KSS) -2.7%, J.C. Penney (NYSE:JCP) -2.1%, Bon-Ton Stores (NASDAQ:BONT) -3.5%, Dillard's (NYSE:DDS) -2.2%.
- The downward comp sales revision from Macy's and the flat reading on U.S. retail sales growth appears to be impacting big-box retailers Target (TGT -1%) and Wal-Mart (WMT -0.9%) as well.
Department store and big-box retail stocks slide
From other sites
at Zacks.com (Mar 27, 2015)
at Zacks.com (Mar 4, 2015)
at Zacks.com (Feb 23, 2015)
at MarketWatch.com (Feb 20, 2015)
at Benzinga.com (Feb 20, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs