Nordstrom stock continues its rally as investors shrug off presidential criticism

Nordstrom Inc. shares continued their rally Thursday, extending their prior-day 4% gain, as investors shrugged off President Donald Trump’s criticism of the department store chain for dropping his daughter Ivanka’s line and his son’s call for a boycott. The shares climbed another 3.3% Thursday, after Trump senior advisor Kellyanne Conway said on Fox News, “Go buy Ivanka’s stuff.” Nordstrom shares are now up nearly 5% on the week, while the S&P 500 has gained 0.5%.

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From:: Stock Market News

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