Retail Stocks Soar Into the Holidays as Gap Leads Wall Street Rally

Apparently the retailer, one of the pioneers of the movement toward casualization, has some pretty good coattails. Or at least Gap’s rediscovered confidence reinforced promising quarterly reports from across fashion and investors just cut loose.

“Companies on earnings calls so far have been very clear that as the weather broke, the trends began to improve,” he said. “So I think the weather fear is played out.” The economy dodged the much-feared recession and unemployment has remained low, but the price inflation that built up after the pandemic has hurt consumers’ wallets. After a year of uncertainty, President-elect Donald Trump is headed back to the Oval Office and even though that brings the threat of new trade wars and other potential disruptions, retailers and consumers at least know what path they’re taking into the future.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Futures higher after stocks soar on Trump win; Fed ahead - what's moving marketsFutures higher after stocks soar on Trump win; Fed ahead - what's moving markets
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

These 3 retail stocks are on TD Cowen's updated Conviction ListThese 3 retail stocks are on TD Cowen's updated Conviction List
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Stocks making the biggest moves after hours: Intuit, SL Green, Gap and moreEarnings reports were a major driver of extended-trading stock moves on Thursday.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Stocks making the biggest moves premarket: Gap, NetApp, Intuit and moreThese are the stocks posting the largest moves in premarket trading.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »