Wall Street edged higher on Friday, with the Dow extending its streak of record-setting gains to 11 days, as increases in utilities and other safety plays outweighed declines in financials.
The department-store chain will shutter 130 to 140 stores as it races to reinvent itself online and cut dead weight.
Investors were spooked after Tesla chief Elon Musk said the company could get "close to the edge" as it burns cash ahead of its Model 3 launch.
The gun maker says higher crime rates in some cities and new concealed carry laws will drive sales, contradicting Wall Street's concerns.
Tesla posted a smaller quarterly loss and said its mass-market Model 3 sedan was on track for volume production by September.
U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.
Kohl's reported a better-than-expected quarterly profit, helped by higher margins despite a 2.8 percent drop in sales.
Barclays swung to a full-year net profit of GBP1.6 billion ($1.99 billion), as the bank's management said it was just months away from finishing a restructuring of the U.K. lender.
TJX, the parent company of T.J. Maxx and Marshalls, reported better-than-expected comparable store sales on Wednesday.
U.S. stocks were modestly weaker on Wednesday after the release of minutes from the Federal Reserve's latest meeting showed many of the central bank's policymakers said it may be appropriate to raise interest rates again "fairly soon."
U.S. satellite TV provider Dish Network reported that it added pay-TV subscribers in the fourth quarter, while analysts were expecting the company to lose subscribers.
U.S. luxury homebuilder Toll Brothers reported higher-than-expected quarterly profit and revenue, helped by strong demand, and the company raised the low end of its deliveries forecast for the current year.
Home Depot says home-improvement spending is hot and will continue to drive sales growth in 2017.
U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump.
Macy's Inc. said revenue fell more than expected in the final quarter of the year as the retailer posted its eighth straight quarterly decline in same-store sales.
Trump's pick, retailers and a fallen Fox colleague. Here's what's On Our Radar today.
Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher customer traffic to stores and accelerating online activity, and the world's largest retailer's shares rose more than 2 percent.
HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from restructuring and pointed to brakes on revenue growth.
Wal-Mart will report fiscal fourth-quarter results before the market opens Tuesday.
Campbell Soup Co, the world's largest soupmaker, reported lower-than-expected quarterly sales. Here's why...