Some US retail and apparel stocks rise after Vietnam, US agree to discuss deal

Shares of some U.S. retailers reverse course at noon after U.S. President Donald Trump and Vietnam's leader To Lam agree to discuss deal to remove tariffs

Vietnam serves as a major manufacturing base for many Western retail and apparel companies

Shares of home improvement retailers Home Depot HD.N, Lowe's LOW.N and online furniture retailer Wayfair W.N up between 1% and ~3%

Shares of apparel companies Abercrombie & Fitch ANF.N, Gap GAP.N, American Eagle AEO.N and G-III GIII.O rise between 1% and 8%

Shares of big box retailer Target TGT.N, department store Kohl's KSS.N, Macy's M.N and Dollar Tree DLTR.N now up 0.2% to 3%

Many of these stocks fell earlier in the day as China retaliated with additional tariffs on U.S. imports

On the other hand, shares of Walmart WMT.N, electronics retailer Best Buy BBY.N, and toymakers Mattel MAT.N and Hasbro HAS.O down 1%-3%

S&P 500 index .SPX down 4.5%, while S&P 500 Consumer Staples index .SPLRCS down 2.8%, and S&P 500 Consumer Discretionary index .SPLRCD down 2.8%