US stocks wobble; Gap, Nordstrom sink on weak results
The S&P 500 slipped less than 0.1%. The benchmark index, which set a record high last Thursday, was being pushed and pulled by swings in technology and consumer-focused companies.
The Dow Jones Industrial Average fell 0.2% and the Nasdaq was flat.
Supply chain problems hurt financial results for several large retailers.
Gap sank 23.1% after reporting results that came in far below analysts’ forecasts.
Nordstrom gave up 29.9% after it also reported very weak results.