Retail leads low volume rally
Index & Sector performance 6/4/14 The Market: Another very light volume trading day led by the NASDAQ and Russell 2000 while the S&P 500 climbed to a new closing high. There were mixed results across the sectors but a stand out was the Retail (XRT) sector which closed up 0.76%. Walgreen (WAG) finished up 4.19% to a new closing high on better than expected Q3 sales along with solid same-store-sales up 5.1%. A more speculative name in retail also moving higher today was RadioShack (RSH) which closed up 8.63%. For those looking for a speculative trade, RSH is a prime…