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Friday Sector Laggards: Shipping, Department Stores
Friday, August 29, 12:58 PM ET

In trading on Friday, shipping shares were relative laggards, down on the day by about 0.7%. Helping drag down the group were shares of Frontline (NYSE:FRO), off about 9.8% and shares of Navios Maritime Holdings (NYSE:NM) down about 1.5% on the day.

Also lagging the market Friday are department stores shares, down on the day by about 0.5% as a group, led down by Freds (NASDAQ:FRED), trading lower by about 3.1% and Big Lots (NYSE:BIG), trading lower by about 2.2%.

For MarketNewsVideo.com, I'm Sayoko Murase.

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