Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.
Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont. Major US ...
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.
Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from Citigroup.
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
U.S. stocks are drifting around a record as they head for the close of a second straight winning week. The S&P 500 was virtually unchanged in early Friday trading, a
U.S. stocks are hanging near a record as they head for the close of a second straight winning week. The S&P 500 was flat in early trading Friday, a day
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Han Youngsoo chronicled the postwar transformation of mid-century Seoul, complicating popular depictions of that era as one solely of deprivation and hardship.
Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.