Stocks hit more records
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Meme stocks pare gains
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500, New York Stock Exchange
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Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
Kohl's has faced tepid sales growth as it struggles to attract budget-conscious shoppers still hurting from elevated inflation. In May the retail chain, which has roughly 1,100 stores around the U.S., reported a fiscal first-quarter loss of $15 million and that net sales fell more than 4% from the year-ago period.
Japan trade deal boosts Japanese equities and benefits Franklin FTSE Japan ETF, but faces issues with tariffs and market trends. Click for my FLJP update.
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White House revises trade deals, Texas Instruments offers disappointing outlook, Coca-Cola confirms adding cane sugar, and more news to start your day.
Signs of stock-market complacency are emerging as the searing equities rally coincides with an acceleration in earnings downgrades, according to JPMorgan Chase & Co. quantitative strategists.
In tandem with a presidential speech on Wednesday, the Trump administration is set to roll out its “AI Action Plan,” and new executive orders on AI are expected.
Technical indicators point to more gains, while increased capital spending in the oil patch is seen as a positive for the companies.
Stocks closed solidly higher on Wednesday as investors welcomed news of a U.S.-Japan trade deal and prepared for the release of quarterly results from EV maker Tesla and Google parent Alphabet.