Macy’s is trading 5.2% up at $24.65 as easing energy prices and stronger U.S. equity futures drive a rebound in the retail sector.
- The stock is recovering from last week’s pullback as investors rotate into consumer discretionary names amid an improving geopolitical tone.
- Broader risk-on sentiment is lifting retail shares following a sharp decline in oil prices.
- There are no fresh, company-specific headlines or earnings updates driving the stock independently this session.