Stocks Skid After Disappointing Retailer Earnings

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Consumer stocks led a selloff in the broader market as retailers warned of higher costs denting profits. The Dow fell more than 800 points midday.

Markets have been looking increasingly shaky recently: Stocks, bonds and crypto have all been falling as investors struggle to manage the large swings roiling financial markets around the globe. WSJ’s Caitlin McCabe looks at some of the causes behind the recent market frenzy. Photo: Spencer Platt/Getty ImagesU.S.

The Dow Jones Industrial Average fell more than 800 points in early afternoon trading, down about 2.5%. The S&P 500 dropped 3%, and the tech-focused Nasdaq Composite receded 3.5%. All three indexes are on pace for their worst days in more than a week. Technology shares had

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Key words 'denting profits'. All about the almighty dollar to those who have the most.

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:

 /  🏆 98. in FR

France Dernières Nouvelles, France 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.

Target Earnings Were Bad Enough to Hurt Nearly All Other Retailers. Here’s Why.Target confirmed what no one wanted to be true: The retail consumer is in trouble. Even consumers with higher incomes are pulling back in reaction to inflation. Actually wal mart earnings confirmed that yesterday marketwatch and the mkt rallied for no reason You ruining the game Shell Chevron petrocanada gasprices More evidence that a recession is on the horizon, fueled by inflation.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Sundial Growers Earnings: SNDL stock sheds 9% after mixed earnings reportSundial Growers (SNDL) released earnings after the close on Monday that failed to impress its hardcore retail following, although the results had thei
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

5 Things to Know Before the Stock Market Opens WednesdayU.S. stock futures dropped Wednesday as rising inflation slammed another retailer.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

Home Depot stock jumps after big earnings beat, surprise same-store sales growthShares of Home Depot Inc. undefined shot up 4.6% in premarket trading Tuesday, after the home improvement retailer reported fiscal first-quarter earnings... Yeah, um.... it's down today. WTF are you talking about
La source: MarketWatch - 🏆 3. / 97 Lire la suite »