Stock Market Update

28-Aug-25 11:30 ET
Retail names face pressure after earnings
Dow -108.39 at 45456.84, Nasdaq +30.93 at 21619.68, S&P -5.17 at 6476.23

[BRIEFING.COM] The S&P 500 (-0.1%) moves back below its baseline, while the DJIA (-0.3%) holds a wider loss, and the Nasdaq Composite (+0.1%) maintains its modest gain.

Several household retail names reported earnings before the open, with most moving lower in today's trade.

Shares of Bath & Body Works (BBWI 28.47, -3.07, -9.73%) trade lower after a slight EPS miss and downside guidance, Best Buy (BBY 70.88, -4.57, -6.06%) retreats following a cautious FY26 outlook due to tariff-related headwinds, and Dick's Sporting Goods (DKS 212.57, -13.44, -5.95%) moves lower despite an earnings beat and upside guidance. 

The SPDR S&P Retail ETF is down 1.2% today, which now seats it with a 0.3% week-to-date loss. 

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