Sector roundup: Retailers, gun makers
Sector roundup: Retailers fall on worries about consumer spending; gun makers shares fall
Among the sector activity stories for Thursday, Aug. 15, from AP Business News:
— The shares of a number of U.S. retailers fell after Wal-Mart Stores Inc. and Macy's Inc. painted a somber picture of consumer spending.
— Shares of gun makers and retailers declined. An industry analyst said that he believes demand for guns may have peaked.
— Shares of homebuilders rose as an analyst maintained an optimistic view on a recovery in the housing market.
