NEW YORK (TheStreet) -- Despite upbeat housing and manufacturing data, the retail sector is remaining relatively unchanged from last week.
But while the S&P Retail Index is nearly flat, there are some big movers within the sector. Zale(ZLC Quote) is one of the biggest gainers, surging 6.6% to $5.04, after falling more than 20% on Friday. Last week, the jeweler announced that it widened its loss in its fourth quarter and is being investigated by the Securities and Exchange Commission on accounting issues. Wal-Mart Stores(WMT Quote), meanwhile, is up 1% to $50.17 this afternoon after it announced it is cutting prices on toys by 20% to 30%. This is the second round of price cuts for the category, as Wal-Mart solidifies its place as the price leader for the holiday season. Nordstrom(JWN Quote) has risen by 1.1% to $32.14 after it was upgraded by Deutsche Bank to buy from hold, as it predicts sales growth. The high-end department store's move to cut prices and offer higher-quality merchandise should give it a boost, analyst Bill Dreher wrote in a research note. 99 Cents Only Stores(NDN Quote) is jumping 5.5% to $11.99 ahead of its second-quarter earnings release on Wednesday. Meanwhile, other notable gainers include Chico's FAS(CHS Quote), which is advancing 4.9% to $12.54, Dollar Tree(DLTR Quote), which is gaining 5% to $47.38, and Vitamin Shoppe(VSI Quote), which is increasing by 4.2% to $18.31.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,318.16 | 1,091.38 | 2,146.04 | 33.56 |
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