[BRIEFING.COM] The major indices trade at or near session lows.
Retailers Nordstrom (JWN 21.96, -2.65, -10.8%) and Guess? (GES 16.50, -0.84, -4.9%) trade lower after reporting quarterly results. Urban Outfitters (URBN 46.20, +6.06, +15.1%) has garnered a positive response to earnings, trading sharply higher.
The SPDR S&P Retailer ETF (XRT) shows a 0.2% gain.