Market Movers falls on a down day for retail

Analysts look at to get a read on retail.

Associated Press/File 2012

Analysts look at to get a read on retail.


With weak holiday sales on their minds, investors were hard on retailers the day after Christmas, including the online ­giant Major chains such as Abercrombie & Fitch, Urban Outfitters, and Gap were all down, too. The handbag maker Coach, a bellwether of the luxury market, lost nearly 6 percent of its value, more than any other company on the S&P 500 index. Right behind it was Amazon, which helps analysts get a read on the entire retail market.

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