- Editor's PickKathy Cherpelis•20 hours ago
“Clearly, it’s been fairly well documented on the consumer slowdown across most consumer segments… We’re not immune from what’s happening in the outside world… I think, generally, there’s just a broader level of uncertainty in consumers’ minds… People are slightly mindful of an unsettled world. “We face some challenges in Greater China, as the economic environment has slowed down since the beginning of the year.
- Editor's PickRayhanul Ibrahim•23 hours ago
The summer Olympic Games start in a week, which means it’s time to get ready for 17 days of sports, fan enthusiasm, sun and … stock market gains? Factset’s Andrew Birstingl found the Dow Jones Industrial Average (^DJI) has actually risen during 69% of Summer Olympics. Including the years the Dow Jones was negative during the Summer Olympics, the average gain for the Dow has been an astounding 3.9%.