Earnings Report

The retail industry surged in 2018, but the trends diminishing sales at some top companies are re-emerging.

Profits in the quarter were $795 million, while revenue grew to $17.6 billion.

Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.

Nordstrom's holiday shopping season malaise carried over into the first months of the year.

Stocks that moved substantially or traded heavily on Tuesday: Kohl's Corp., down $7.76 to $55.15

The latest on developments in financial markets (all times local): 9:35 a.m.

Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research.

Retailers JC Penney and Kohl’s both disappointed investors.

Kohl's Corp. (KSS) on Tuesday reported fiscal first-quarter net income of $62 million.

Same-store sales at home improvement chain rose 2.5% in the first quarter ended May 5, below expectations of a 4.2% increase, according to IBES data from Refinitiv.

Stocks flopped on Friday, and investors herded into the safety of bonds after the market's reading of the U.S.-China trade war flipped back to worry.

Stocks that moved substantially or traded heavily on Friday: Deere & Co., down $11.17 to $134.82

The latest on developments in financial markets (all times local): 9:35 a.m.

Deere & Co. (DE) on Friday reported fiscal second-quarter earnings of $1.13 billion.

Stocks marched higher for the third day in a row Thursday, erasing the big plunge they took on Monday on worries about the worsening trade fight between China and the U.S. Banks reversed course and helped lead the broad gains.