Recent retail earnings showed a good deal of doom and gloom signs of a weakened consumer spending. Both Macy’s Inc (NYSE: M) and Nordstrom Inc (NYSE: JWN) saw falling digital sales.
The markets have offered investors a rollercoaster ride this week, with a flurry of activity and developments that have sent shockwaves through various sectors.
Gainers
Barnes & Noble Education, Inc. (NYSE: BNED) rose 25% to $2.15 in pre-market trading after the company posted better-than-expected quarterly sales.
Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up.
Cues From Thursday’s Trading: