Australia Markets closed

US retail stocks hit as Kohl’s, Home Depot and Urban Outfitters fall short

Alistair Gray in New York

US retail stocks came under selling pressure after disappointing results from three of the sector’s best known names, Kohl’s, Home Depot and Urban Outfitters, raised concerns about how stores are faring as they head into the holiday shopping season. Both the department store chain Kohl’s and Home Depot