Retail stocks took a hit in trading late last week after GDP numbers came in lower than expected and concerns reverberated about a potential trade war with Mexico as President Trump battles it out with Mexico over covering the cost of his wall.
In trading Friday (Jan. 27), a slew of retail stocks declined, including Stein Mart, Express, Guess, Nordstrom, Gap, L Brands, Francesca’s, Abercrombie & Fitch, JCPenney, Kohl’s and a host of others.