<< Read Full Article
<< Read Full Article
NEW YORK (TheStreet) -- Retail shares are rallying a day after the sector saw its highest sales gain since June 2008.
One of the biggest gainers is Macy's(M Quote), which is climbing by 5.9% to $19.09 in afternoon trading. The department store was upgraded by J.P. Morgan to overweight from neutral on a second month of improving sales.
On Thursday, the company posted a 0.8% decline in October same-store sales, as it begins to benefit from its national roll-out of its My Macy's localization initiative. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,318.16 | 1,091.38 | 2,146.04 | 33.56 |
Oil *
77.53
|
|
DOWN
14.28
|
DOWN
3.52
|
DOWN
10.78
|
UP
0.07
|
10 Yr
3.36%
SPDR Gold
112.94
|
|
-0.14%
|
-0.32%
|
-0.50%
|
+0.21%
|
Data delayed 20 minutes |
Connect with TheStreet