Stock Market Update
08-Apr-25 11:05 ET
LEVI trades down despite positive earnings
Dow +1167.03
at 39132.63,
Nasdaq +579.90
at 16183.17,
S&P +165.76
at 5228.01
[BRIEFING.COM] The S&P 500 trades about 165 points higher.
Levi Strauss (LEVI 13.30, -0.21, -1.8%) has gone against the upside trend despite reporting a huge EPS beat with its Q1 (Feb) results last night with in-line revs. Other retailers are coming along for the upside moves. The SPDR S&P Retailer ETF (XRT) is 1.4% higher.
Other discretionary-related names are showing strength after leading the market declines of late. The consumer discretionary sector shows a 2.9% gain.
