Macy’s Inc. is being removed from the S&P 500. According to the S&P Dow Jones Indices, which oversees the index, the department store chain will be replaced by air conditioning company Carrier Global ...
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Why Macy's (M) dipped more than broader market today

Macy's (M) closed at $19.43 in the latest trading session, marking a -2.9% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.49%. Meanwhile, the Dow lost 0.05%, ...