<< Read Full Article
<< Read Full Article
No one's shopping if they don't have a job -- or such is the fear of investors today, who have sent retail shares plummeting on the back of today's dismal jobless data.
The S&P Retail Index fell 4% to 309.38 in afternoon trading, with almost every single retailer awash in red, as more jobs were lost in June than were expected.
The sector was led down by Rite Aid(RAD Quote), which posted a .6% decline in June same-store sales earlier in the day. Shares of the drugstore plunged 10% to $1.39 in afternoon trading. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 35.06 |
Oil *
73.92
|
|
DOWN
132.86
|
DOWN
13.11
|
DOWN
26.86
|
UP
0.19
|
10 Yr
3.51%
SPDR Gold
107.34
|
|
-1.27%
|
-1.18%
|
-1.22%
|
+0.54%
|
Data delayed 20 minutes |
Connect with TheStreet