Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%) and Nasdaq Composite (+0.2%) moved higher in recent trading.

Retailers are underperforming the broader equity market, leading the SPDR S&P Retailer ETF (XRT) to trade 1.2% lower. American Eagle Outfitters (AEO 17.61, -2.92, -14.2%) and Dollar General (DG 77.28, -2.22, -2.8%) are some standouts from the space, trading lower after reporting earnings. Five Below (FIVE 117.35, +12.27, +11.6%) also reported earnings, garnering a positive response from investors. 

Treasury yields continue to move lower. The 10-yr yield sits at 4.18%.