Shares of retailers and other consumer companies fell amid mixed earnings.
Canada Goose Holdings shares fell after the Toronto purveyor of parka coats posted a fiscal first-quarter loss, hurt by store closures.
InterContinental Hotels Group shares rose after the owner of hotels including Holiday Inn and Crowne Plaza posted a narrower first-half loss than feared. Investors continued to pile in to bets on a travel recovery, and the U.S.
JETS exchange-traded fund, which tracks the shares of major airlines, rose for the seventh straight session.
Mall owner Macerich said occupancies across its portfolio of malls fell as the company and its retail tenants grappled with the fallout from the pandemic.
Mattress and sleep-products company Casper Sleep posted a narrower second-quarter loss as higher gross profit from e-commerce and retail-partner sales outweighed the negative effects of store closures during the pandemic.
Food-services giant Sysco reported a loss for its latest quarter and said sales plunged 43% as restaurants and other outlets slashing orders due to lockdowns.
Write to Rob Curran at rob.curran@dowjones.com
