US Stock Market Move | Retail stocks rose against the market, and PriceSmart, Inc. (PSMT.US) rose more than 7%.

On Thursday, retail stocks bucked the market trend, with PriceSmart, Inc. (PSMT.US) rising over 7%, BJ's Wholesale Club Holdings, Inc. (BJ.US) rising over 3%, Costco Wholesale Corporation (COST.US), Dollar Tree, Inc. (DLTR.US) rising over 2%, and Walmart Inc. (WMT.US) rising around 1.5%. On the news front, former President Trump posted a message on Truth Social stating that he will implement a 90-day suspension of equivalent tariffs on imported goods from countries other than China, while still maintaining a 10% baseline tariff.