Stock Market Update
05-Mar-25 12:00 ET
Retailers lag amid earnings news
Dow +128.56
at 42649.24,
Nasdaq -17.50
at 18267.66,
S&P -3.58
at 5774.57
[BRIEFING.COM] The market moved slightly higher at the index level. The S&P 500 trades flat now.
Retailers are among the groups trading lower today amid ongoing earnings news in the space. The SPDR S&P Retailer ETF (XRT) trades 1.0% lower.
Abercrombie & Fitch (ANF 82.74, -13.38, -13.9%) is a losing standout from the space after reporting above consensus earnings, but issuing disappointing guidance. Foot Locker (FL 18.12, +0.75, +4.3%) also topped quarterly EPS estimates accompanied by disappointing guidance.
