U.S. Markets open in 5 hrs 46 mins

Best Buy, Abercrombie & Fitch stocks tumble on revenue miss, trade war concerns

The trade war is impacting retailers. Best Buy is tumbling after missing revenue expectations, blaming the planned U.S. tariffs on Chinese imports for lowering its sales forecast. Abercrombie and Fitch is nose-diving after quarterly sales missed expectations. Retail Analyst at Moody’s Charlie O’Shea joins Yahoo Finance’s Akiko Fujita to discuss.