Why Macy's and Other Retail Stocks Are Trading Higher Today
Shares of consumer-discretionary retail operators were trading higher on Friday on growing investor optimism after new data indicated that the unemployment rate in May was better than expected.
Here's where things stood for these companies' stocks as of 3:15 p.m. EDT, relative to their closing prices on Thursday:
The day started off with good news: Unemployment figures for May were not as bad as expected.
Source Fool.com
