Wall St ends higher, Cisco Systems jumps after forecast

Wall St ends higher, Cisco Systems jumps after forecast

Investors still assessing Wednesday’s Fed minutes Kohl’s slashes 2022 forecasts Indexes: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK, Aug 18 (Reuters) – U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong. Investors … Read more

Wall St drops as growth stocks slide, Target weighs on retail shares

Wall St drops as growth stocks slide, Target weighs on retail shares

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register U.S. retail sales flat in July; core sales rise Retailer Target’s quarterly profit slumps Indexes down: Dow 0.80%, S&P 1.07%, Nasdaq 1.66% Aug 17 … Read more

Asia shares mixed, China cuts rates as data disappoints

Asia shares mixed, China cuts rates as data disappoints

FILE PHOTO – People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edges up, S&P 500 futures dip PBOC cuts key rates, China data badly miss forecasts Eyes on … Read more

Indexes drop after Walmart profit warning; Nasdaq down 2%

Indexes drop after Walmart profit warning; Nasdaq down 2%

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Walmart cuts profit forecast; news hits retailers McDonald’s up as sales, profit top estimates Coca-Cola up on forecast raise Indexes down: Dow 0.8%, S&P … Read more

Wall St ends up with tech, energy; Target falls after margin warning

Wall St ends up with tech, energy; Target falls after margin warning

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Target’s margin cut hits some retail stocks Kohl’s climbs on sale talks with Franchise Group NEW YORK, June 7 (Reuters) – U.S. stocks … Read more

Target warns of more margin squeeze as excess inventory weighs

Target warns of more margin squeeze as excess inventory weighs

June 7 (Reuters) – Target Corp (TGT.N) on Tuesday cut its quarterly profit margin forecast issued just weeks earlier, and said it would have to offer deeper discounts to clear inventory as decades-high inflation takes a toll on demand. The surprise outlook revision sent shares of Target down nearly 7% in early trading and weighed … Read more

Stock rally fanned by hopes of Fed ‘past peak hawkishness’

Stock rally fanned by hopes of Fed ‘past peak hawkishness’

NEW YORK, May 27 (Reuters) – Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Home sales have fallen for a third straight month, while big misses from retail giants … Read more

Wall Street rallies to higher close boosted by banks, big tech

Wall Street rallies to higher close boosted by banks, big tech

NEW YORK, May 23 (Reuters) – U.S. stocks ended higher on Monday as gains from banks and a rebound in megacap market leaders supported a broad-based rally following Wall Street’s longest streak of weekly declines since the dotcom bust more than 20 years ago. All three major U.S. stock indexes posted solid gains with the … Read more

Wall Street ends mixed after punishing week

Wall Street ends mixed after punishing week

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Ross Stores plunges after cutting 2022 forecast S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03% May 20 (Reuters) – Wall Street ended … Read more

Shares slide as global growth fears mount

Shares slide as global growth fears mount

FILE PHOTO – An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks slid on Thursday, tracking a steep Wall Street selloff, as investors worried … Read more