🔴 Macy’s is trading 4.5% down as sector ETF fell 4.30% in session

Macy’s is trading 4.5% lower at $23.10, with the decline most likely reflecting consumer-discretionary sector weakness. - No clear Macy’s-specific announcement explaining the November 6 decline surfaced. - The consumer-discretionary sector ETF was reported down 4.30% during the session, aligning with Macy’s move. - Macy’s had raised its annual outlook after its latest quarterly results, but that earlier news does not explain the decline.