Retail Sector Wrap

Markets FOXBusiness

While the S&P 500 grew 0.8%, the Retail sector (XRT) showed little movement during trading today.

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The ETF is trading at 1.2% of of its 50-day moving average but 108.6% above its 200-day moving average.

The Wet Seal (WTSLA) was a significant gainer in the sector, rising 3.8%. The stock closed at $3.28 with 524,052 shares moving. The stock traded in a range of $3.17 to $3.29. The stock has seen some negative movement recently as shares are down 31 cents (-8.6%) from a price of $3.59 on April 3, 2012.

The Talbots (TLB) rose 1.6% to close at $3.13, crossing its 50-day moving average of $3.11.

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