The broader stock indices are chipping away at the gains and back toward their highs nevertheless, the indices are still down.
- The S&P index is down -18.27 points or -0.27% at 6830.41.
- NASDAQ index is down -74.9 points or -0.32% at 23290.
At session lows, the S&P was down -49.15 points, while the NASDAQ was down -255.48 points.
Looking at retailers, the result are mixed after the Black Friday weekend.
- Amazon is up 0.39%
- Costco is down -0.56%
- Walmart shares are up 0.46%
- Best Buy shares are down -0.66%
- Macy’s is up 1.72%
- Lululemon is down -0.92%
- Target is up 1.50%
- Nike is up 1.42%.
The Black Friday weekend sales showed strong online sales but not so great sales in the stores
Looking at the chip stocks today, they too are mixed:
- Nvidia shares are up 1.08%
- Broadcom is down -2.8*%
- AMD is unchanged
- Micron is down -0.34%
- Intel is down 1.04%.
This article was written by Greg Michalowski at investinglive.com.