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Stock impact report

Retailers rise again, but tech leads other US stocks lower [FOX Business Network]

Ross Stores, Inc. (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
NEW YORK –   Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to the previous day's gains. Continue Reading Below A slew of retailers including discount chain Ross Stores, shoe store Foot Locker and clothing companies Gap and Abercrombie & Fitch soared following strong results or forecasts. Wal-Mart helped kick off a retail rally a day ago. Technology, health care and industrial companies slumped. On Thursday they led stocks to their biggest gain in two months. Investors have liked what they've seen from retailers the last two days. Invesco Global Market Strategist Kristina Hooper said the companies are giving a double dose of good news. Consumers are spending more, and there are signs some companies are figuring out how to survive in a world where more and more sales are made online. Businesses are starting to evolve an Show less Read more
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