NEW YORK —
Ross Stores was also leading the market with a leap of 9.9% after the retailer reported better profit for the latest quarter than analysts expected. That was despite its revenue only edging past expectations, as customers continue to hold back on purchases of non-essentials. “Walmart and Target are telling us that high income consumers are doing fine, but beginning to trade down,” said Brian Jacobsen, chief economist at Annex Wealth Management. “The lower income consumer is struggling. Macro often focuses too much on the average and the average is skewed by the high-end household.”
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock market today: Asian shares track Wall Street’s slide on worries over interest ratesAsian shares retreated Friday after strong reports on the U.S. economy raised the possibility of interest rates staying painfully high. U.S. futures edged
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »
Stock market today: Asian shares track Wall Street's slide on worries over interest ratesAsian shares have retreated after strong reports on the U.S. economy raised the possibility that interest rates may stay painfully high. U.S. futures edged higher and oil prices also rose. On Thursday, the S&P 500 fell 0.7% and pulled further from its record set earlier this week.
La source: AP - 🏆 728. / 51 Lire la suite »
Stock market today: Asian shares track Wall Street’s slide on worries over interest ratesAsian shares are mostly lower after a retreat on Wall Street following strong economic reports that raised the possibility of interest rates staying painfully high. U.S. futures edged higher and oi…
La source: mercnews - 🏆 88. / 68 Lire la suite »
Stock market today: Wall Street slumps to worst day since April on worries about interest ratesMost U.S. stocks slumped after strong economic reports raised the possibility of interest rates staying painfully high. The S&P 500 fell 0.7% Thursday and pulled further from its record set ear…
La source: mercnews - 🏆 88. / 68 Lire la suite »
Stock market today: Asian shares edge lower after Wall Street sets more recordsAsian markets are mostly lower after U.S. stocks hit new record highs.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »
Stock market today: Asian shares edge lower after Wall Street sets more recordsAsian markets are mostly lower after U.S. stocks hit new record highs.
La source: ksatnews - 🏆 442. / 53 Lire la suite »