Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
The drop in Apple shares Thursday broke a three-day winning streak for the S&P, despite big banks posting upbeat earnings.
Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Despite Chinese sales dropping 18%, Richemont reports 10% increase The ... A London-listed ETF, the Amundi S&P Global Luxury UCITS ETF UK:LUXG, jumped 4%, after a 2024 when it was basically ...
Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an ...
U.S. markets faced a downturn on Thursday as major technology stocks faltered, leading to a slip in the S&P 500 and Nasdaq indices. This decline interrupted a three-day winning streak, with investors reacting to mixed economic signals and corporate earnings reports.
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TD Cowen analyst Oliver Chen upgraded the rating on Compagnie Financiere Richemont SA (CFR – Research Report) to a Buy today, setting a price target of CHF163.00. Discover outperforming stocks ...
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Of the 28 companies in the S&P 500 that have reported fourth-quarter earnings, 82.1% have exceeded estimates, according to LSEG data.
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.