"U.S. equities traded lower on Thursday as investors digested quarterly results from Macy's and Snap. The S&P 500 and the Nasdaq composite also pulled back from record territory.
The Dow industrial average fell 100 points, with Home Depot contributing the most losses. The S&P 500 declined 0.6 percent with consumer discretionary falling more than 1 percent to lead decliners.
The SPDR S&P Retail ETF (XRT) lost 2.7 percent as Macy's shares tanked.
The retailer posted adjusted earnings of 24 cents per share and revenue of $5.34 billion. Analysts polled by Reuters expected the firm to report earnings per share of 35 cents on sales of $5.47 billion."
I lot of points are being lost by big companies, I wonder if money is still being made.
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