Markets remained on edge on Wednesday, as investors couldn't find a bounce after a turbulent Tuesday session. Market participants seem worried that the economy has put them in a no-win situation, because signs of strength could spur faster interest rate hikes from the Federal Reserve even as weakness could signal a recession. As of 11 a.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 195 points to 32,796. The S&P 500 (SNPINDEX: ^GSPC) fell 26 points to 4,107, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 38 points to 12,043.
One area that has been particularly weak in recent weeks has been retail . Yet today, a couple of retailers released financial results that sent their shares higher. Below, you'll learn more about why Victoria's Secret (NYSE: VSCO) and Capri Holdings (NYSE: CPRI) were in the green on Wednesday despite the weaker market.
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2 Retail Stocks Riding Higher Despite a Down Market Day