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10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
(M) - Analyzing Macy's's Short Interest
Macy's's (NYSE:M) short percent of float has risen 5.64% since its last report. The company recently reported that it has 14.46 million shares sold short, which is 5.99% of all regular shares that are
Here's Why Macy's (M) Stock Sees Sudden Rise on the Bourse
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.
US stock market closed: Non-farm data help interest rate cuts, Wall Street continues record high.
On Friday, July 5, Wall Street continued its record-breaking rally. The S&P 500 index hit a historic high, and the technology-heavy Nasdaq Composite Index also hit a new high. Nvidia was rare downgraded, while Meta and Apple hit new highs.
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