The S&P 500 index is up 1.75% about half an hour before noon today, and retailers’ share prices are all over the map. Kohl’s Corp. (NYSE: KSS) is down 2.1%, Macy’s Inc. (NYSE: M) is down 1.5%, Nordstrom Inc. (NYSE: JWN) is down 0.5%, and Dillard’s Inc. (NYSE: DDS) is down 1.7%.
On the upside, J.C. Penney Co. Inc. (NYSE: JCP) is up 3.9%, The TJX Companies Inc. (NYSE: TJX) is up 0.5%, and Saks Inc. (NYSE: SKS) is up 0.9%.
Williams-Sonoma Inc. (NYSE: WSM) is up 1.2%, but teen retailers Hot Topic Inc. (NASDAQ: HOTT) and Abercrombie & Fitch Co. (NYSE: ANF) are down 1% and 1.5%, respectively.
Wal-Mart Stores Inc. (NYSE: WMT) is up 0.8% and Target Corp. (NYSE: TGT) is down 1.7%. Discount stores are not faring too well either, with Dollar General Corp. (NYSE: DG) down 1.9%, Family Dollar Stores (NYSE: FDO) down fractionally, and Big Lots Inc. (NYSE: BIG) up fractionally. Electronics retailer Best Buy Co. Inc. (NYSE: BBY) is off about 0.2%.
Retailers are expected to report December same-store sales tomorrow.
Paul Ausick
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
