NEW YORK ( TheStreet) -- It was a losing day for retail, with shares of most companies stained blood red.The S&P Retail Index tumbled 1.5% to 345.97, as major players like Wal-Mart Stores ( WMT), Target ( TGT) and Macy's ( M) lost their footing. Earlier today, Nielsen reported its global consumer index jumped to 82 in June, an increase of 5 points from March. But while countries from Japan to Russia are recording improvements in confidence, the morale of U.S. shoppers is still lagging, giving little hope to investors that spending in the states will rebound quickly. One of the biggest losers on Monday included Coach ( COH), which was downgraded by a Lazard Capital Markets' analyst to hold from buy. Shares of the aspirational accessories maker fell 5% to $27.97 in afternoon trading. Drugstores Walgreen ( WAG) and CVS Caremark ( CVS)were also looking sickly. Walgreen fell 2% to $29.89, while CVS dropped 2% to $33.59. Lowe's ( LOW) was down 4% to $21.20 and Amazon.com ( AMZN) slipped 2% to $84.48. Last week the online retailer reported a 10% decline in its second-quarter profit. There were, however, a handful of retailers holding their own. Finish Line ( FINL) jumped 2% to $8.66, after the sneaker retailer was upgraded by a B. Riley & Co. analysts to buy from neutral. Analyst Jeffrey Van Sinderen applauded Finish Line's move to shed its Man Alive business, which he said was a drag on profit.
Ebay was up 2% to $21.70 after announcing a program that will reward good sellers. The online bidding site will now give top-tier status to sellers who have very little negative feedback from buyers, even if those vendors aren't among those who make the most sales. Top-rated vendors will receive a 20% discount on fees they must pay eBay after selling an item. Office Depot ( ODP) also rose 3% to $5.13, while women's apparel retailer Talbots ( TLB) jumped 7% to $4.82. --Reported by Jeanine Poggi in New York.