Stocks (^DJI, ^GSPC, ^IXIC) struggle for gains as retail leads the way. Can the bulls sustain the momentum into the long weekend? Catch The Final Round at 4 p.m. with Jen Rogers and Yahoo Finance reporters Myles Udland, Jared Blikre and Dan Roberts.
Winners and losers
Stocks ending the day in the red include fast casual chain Zoe’s Kitchen after revenue and same store sales missed expectations, homebuilding company Beazer Homes on a downgrade to market underperform at JPMorgan, and GameStop. Shares of the the video game retailer sinking despite a beat on earnings and revenue, as net income decreased from a year-ago.
Meanwhile, stocks powering higher include Deckers Outdoor as the footwear company posted a big EPS beat and strong forward guidance, enterprise technology company Nutanix as earnings and revenue came in ahead of Street estimates, and Ulta Beauty. Shares of the beauty retailer higher on strong earnings with same-store sales rising 14.3%.
Here’s what will be making headlines next week:
- On Tuesday we’ll get Personal income and outlays for April, which *most importantly* includes the Fed’s preferred measure of inflation, core PCE.
- We’ll get more earnings reports from Michael Kors, Lulu Lemon, Hewlett Packard Enterprise, and Palo Alto Networks.
- And on Friday– it’s the big one– the May jobs report. The street’s looking for around 175,000 jobs added, a slight dip from April’s 211,000 figure.