Gap stock slips after U.S. jobs surprise; inflation data next test for retailers
Gap shares closed down 0.6% at $27.51 after volatile trading Wednesday, mirroring moves across apparel stocks. Investors weighed a strong U.S. jobs report against flat December retail sales, raising uncertainty about consumer demand and Federal Reserve rate cuts. Gap has not set a date for its next earnings report. U.S. consumer price data is due Friday.
