Tuesday, February 4

Tag: KSS

Tech Stocks Sink Ahead of Nvidia Earnings
22Nov By adminNo Comments
Money

Tech Stocks Sink Ahead of Nvidia Earnings

Artificial intelligence powered the stock market for much of the year. Now it is testing U.S. stocks’ November rally.The S&P 500 slipped 0.2%. The Dow industrials fell 0.2%, or 63 points. The tech-heavy Nasdaq Composite led the losses, sliding 0.6%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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All Stores Want for Christmas Is the Right Amount of Stuff
6Nov By adminNo Comments
Money

All Stores Want for Christmas Is the Right Amount of Stuff

Retailers’ holiday inventory planning has been fraught with unpleasant supply-chain surprises for two straight years. This year’s gift: Things are back to normal. In 2021, shipping delays meant retailers didn’t have enough stuff on their shelves to meet demand. And last year, scarred by those experiences, shops made the mistake of over-ordering merchandise—sending their shelves overflowing and forcing them to sell goods at margin-eroding discounts. A basket of retailers in the S&P 500 saw operating margins fall to 4.4% in the fourth quarter of 2022, down from 5.6% a year earlier.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Has Best Day Since June
24Aug By adminNo Comments
Money

S&P 500 Has Best Day Since June

Technology and real-estate shares lifted the S&P 500 to its best daily performance since June despite surveys that flashed warnings of economic slowdown.
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