Nov 26, 2024 | Markets
Major exchange-traded funds on track for record outflows Retail sentiment hinges on further actions from Beijing Retail investors are cashing out from China’s exchange-traded funds, risking further market volatility if Beijing fails to boost sentiment, according to...
Nov 26, 2024 | Markets
HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump. Earnings, excluding some items, will be 70 cents to 76 cents a share in the fiscal first...
Nov 26, 2024 | Markets
Shares of Kohl’s plunge as much as 21% in New York trading Best Buy, Target have also called out softer consumer demand Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that its turnaround efforts...
Nov 26, 2024 | Markets
Shoppers were distracted by the election, CEO Barry said After a boom during the pandemic, customers have pulled back Best Buy Co. cut its full-year guidance on sluggish demand for electronics and appliances, a sign of trouble for the retailer looking to pull off a...
Nov 25, 2024 | Markets
Russell 2000 rises 1.5%, nearing first record in three years ‘You can’t fight the tape’: Stock Trader’s Almanac’s Hirsch Traders bought into the riskiest parts of the stock market Monday, with the small-capitalization Russell 2000 Index leaping 1.5% to come within a...
