Editor's PickKathy Cherpelis • yesterday
“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 • yesterday
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%.
Forbes • 2 hours ago
You don't normally equate, say, Chick-fil-A or Little Caesars with breakfast foods, but each sell them (although the latter, in limited locations so far). McDonald's all-day breakfast menu, which debuted almost a year ago, appears to have had a significant influence on how its competitors look at their own breakfast offerings.
MarketWatch • 22 hours ago
The S&P 500 barely misses a record closing high Friday, and the Nasdaq Composite books its best finish in more than a year as Wall Street shakes off earlier concerns about sluggish second-quarter domestic ...
Reuters • 23 hours ago
Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares. Alphabet contributed the most to gains on the Nasdaq and the S&P 500. Aggregate second-quarter earnings of S&P 500 companies are now expected to fall 3.7 percent, worse than a 2.8 percent decline predicted on Thursday, according to Thomson Reuters I/B/E/S.
After hours: 117.710.06 (0.05%) as of 7:57 PM EDT
|Bid||117.65 x 600|
|Ask||117.71 x 100|
|52wk Range||87.50 - 131.96|
|Day's Range||117.43 - 119.66|
|Avg Vol (3m)||5,548,330|
As of 4:01 PM EDT. Market closed.