U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Consumer Cos Climb on Strong Jobs Data - Consumer Roundup
Consumer companies rose amid deal activity. Luxury chain Saks Fifth Avenue agreed to buy rival Neiman Marcus for about $2.65 billion, with backing from Amazon.com, as high-end retailers fend off comp
Why Macy's Stock Jumped Nearly 10% on Friday
These Stocks Moved the Most Today: Tesla, XPeng, Coinbase, Macy's, Amazon, Spirit Airlines, and More -- Barrons.com
By Joe Woelfel and Connor Smith Stocks closed higher Friday after U.S. employers added slightly more jobs than expected in June but the unemployment rate increased. These stocks made moves: Tesla r
Sector Update: Consumer Stocks Gain Late Afternoon
Consumer stocks were higher late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.7%. In corporate
Nasdaq, S&P 500 Rise to New Highs in Midday Friday Trading After June Jobs Report
The Nasdaq and S&P 500 were trading midday Friday above the record closing highs set on Wednesday, and government bond yields dropped as investors digested the June jobs report. The Nasdaq rose 0.7% t
Why NIO Shares Are Trading Lower By Over 8%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of NIO Inc. (NYSE:NIO) fell sharply during Friday's session after the company disclosed that Steven Wei Feng has resigned as the Chief Financial Officer for personal and family reasons, effecti
Amazon, Macy's Rise; Robinhood Markets, APA Fall, Friday, 7/5/2024
Stock Market Today: S&P 500 Closes at Record High as Jobs Data Stoke Fed-cut Bets
Macy's Stock Soars on Reported Increased Takeover Offer
US stocks surge | Investment group raises acquisition quote, Macy's (M.US) surges by more than 10%.
As of the time of writing, the stock has risen more than 10%, to $19.88.
Macy's Up Nearly 11%, On Track for Largest Percent Increase Since March -- Data Talk
Macy's, Inc. (M) is currently at $19.89, up $1.96 or 10.93% --Would be highest close since May 28, 2024, when it closed at $20.38 --On pace for largest percent increase since March 4, 2024, when it
Macy's, Koss And Other Big Stocks Moving Higher On Friday
U.S. stocks were mixed, with the Dow Jones index falling around 90 points on Friday.Shares of Macy's, Inc. (NYSE:M) rose sharply during Friday's session.An investor group aiming to purchase Macy's has
US stock pre-market: the three major indices have mixed gains and losses, with large tech stocks generally rising, with Tesla, Apple, Amazon, and Microsoft all up more than 1%; China concept stocks fell across the board, with Xpeng down nearly 10% and NIO
The US stock market opened flat on Friday, and the three major stock indexes in the US will all record gains this week. The number of new non-farm jobs added in June in the United States fell sharply, and the unemployment rate unexpectedly climbed to 4.1%, reinforcing the reason for the Federal Reserve's interest rate cuts.
Macy's Stock Rallies as Arkhouse, Brigade Reportedly Sweeten Their Buyout Offer
By Bill Peters and Steve Gelsi Two investment firms raised their offer by around $300 million, Wall Street Journal reports Macy's Inc.'s stock rallied Friday on a report that Arkhouse Management and
Telsey Advisory Maintains Macy's(M.US) With Hold Rating, Maintains Target Price $21
Telsey Advisory analyst Dana Telsey maintains $Macy's(M.US)$ with a hold rating, and maintains the target price at $21.According to TipRanks data, the analyst has a success rate of 40.4% and a total a
Telsey Advisory Reaffirms Their Hold Rating on Macy's (M)
Sector Update: Consumer Stocks Advance Pre-Bell Friday
Consumer stocks were advancing pre-bell Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) marginally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%. Macy's (
June Jobs Growth Tops Forecasts as US Equity Futures Waver Pre-Bell
US equity futures were flat before Friday's opening bell as traders digested the pivotal monthly employment report. Dow Jones Industrial Average futures and S&P 500 futures both increased 0.1%, while
Sector Update: Consumer
Consumer stocks were mixed pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) slightly declining and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.4% recently. Mac