Why Macy's, Gap, and Other Retailers' Stocks Are Up Today
Shares of several brick-and-mortar retailers were trading higher on Wednesday morning as the broader market rallied for a second day on rising optimism about the post-pandemic economy.
Here's where things stood for these four companies' stocks as of 10:45 a.m. EDT, relative to their closing prices on Tuesday.
The broader U.S. markets were trading higher on Wednesday morning amid signs that the White House and Congress may be moving toward an agreement on additional measures to bolster the U.S. economy amid historically high unemployment. Stocks of companies that have been hit the hardest by the effects of the coronavirus pandemic, including airlines, travel stocks, and retailers, were among the best performers.
Source Fool.com
