Real estate-related stocks were the biggest decliners on the S&P 500 on Monday, led by mall REITS, on continued concerns about weak traffic and the onslaught on bricks-and-mortar stores from juggernaut Amazon.com Inc. . The sector has struggled this year as a record number of retailers have filed for bankruptcy protection, while others have announced store closures. Retailers like Macy’s Inc. , which reports first-quarter earnings this week, and Sears Holdings Corp. are viewed as anchor stores that help draw traffic to malls, to the benefit of specialty retailers, who rely on that traffic boost. Among individual stocks, Kimco Realty Corp. , an operator of outdoor malls, was the biggest decliner, falling 2.8%. Macerich Company slid 2.5%, Simon Property Group Inc. was down 2.3% and GGP Inc. fell 2.1%. Federal Realty Investment Trust and Regency Centers Corp. fell 1.9%. The SPDR S&P Retail ETF was down 0.3%. The S&P 500 was down 0.2%.
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