Morgan Stanley Maintains Macy's(M.US) With Hold Rating, Maintains Target Price $17
Analysts Offer Insights on Consumer Cyclical Companies: Macy's (M), Blue Bird (BLBD) and Makemytrip (MMYT)
Macy's Reports Preliminary Q3 Results, Postpones Earnings Release
Macy's Delivers Third Quarter FY24 Sales in Line With Expectations
Decision analysis: "Tariff Knight" is back! The US dollar is rising, and this mmf is suffering the most. The Federal Reserve's minutes are coming.
On Tuesday (November 26), President-elect Donald Trump of the usa announced that a 25% tariff will be imposed on all imported commodities from Canada and Mexico, with an additional 10% tariff on Chinese goods. As a result, the dollar significantly strengthened, while Asian stock markets gave back some of the gains from the previous trading day.
Earnings Scheduled For November 26, 2024
Express News | Macy's stated that an employee concealed delivery fees of up to 0.154 billion dollars, which will delay the release of the financial report.
Macy's Delays Earnings to Complete Investigation Into a Worker Hiding Over $130 Million in Expenses
U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
Here's the Major Earnings Before the Open Tomorrow
Consumer Cos Up on Black Friday Hopes -- Consumer Roundup
Dow and Small-Caps Close at New All-Time Highs
5 Things to Know About Macy's $100 Million Accounting Issue -- Barrons.com
Sector Update: Consumer Stocks Rise in Late Afternoon Trading
Scott Bessent's Treasury Nom., Macy's Delays Earnings: Morning Brief
Top Midday Decliners
Why Macy's (M) Shares Are Sliding Today
Sector Update: Consumer
Russell 2000, Dow, S&P 500 All Achieve Record Highs In Wall Street's Historic Day; Bitcoin, Gold Tumble: What's Driving Markets Monday?
Bitcoin Pullback, AI Regulation, Macy's: Catalysts