Retail stocks have historically under-performed when interest rates rise. Here is some quick data to consider.
Macy's, Kohl's and other names actually rose Monday despite a terrible tape.
In the past few days M has drifted slightly lower on light volume.
Facebook's stock gets shredded as investors digest the Cambridge Analytica scandal. Macy's makes some waves at a key industry conference. And the AT&T/Time Warner trial kicks off.