Lululemon Stock Leads S&P Decliners as CEO Says 'Consumers Are Spending Less'
Shares of apparel retailer Lululemon Athletica sank early Friday as a soft outlook outweighed an estimate-topping fourth quarter reported after the bell Thursday.
Shares of apparel retailer Lululemon Athletica sank early Friday as a soft outlook outweighed an estimate-topping fourth quarter reported after the bell Thursday.
News of the day for March 28, 2025
U.S. Steel shares are jumping in premarket trading Friday on a report that Nippon Steel is offering to spend as much as $7 billion to upgrade the American company’s aging Rust Belt facilities in a bid to obtain the Trump administration's approval of their $14 billion merger.
NEW YORK (Reuters) -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek. Investors entered 2025 bullish about pro-growth government policies under Trump, but instead the stock market has swooned since his inauguration. Headlines on tariffs whipsawed Wall Street, knocking the S&P 500 as much as 10% earlier this month.
A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy. The S&P 500 was on pace for its second straight week of gains. "April is going to have a lot of moving parts and probably a lot of volatility following a really difficult March," said Eric Kuby, chief investment officer at North Star Investment Management Corp. "There's a lot of information that could move markets in a variety of different directions."
A seemingly endless drumbeat of tariff news — mostly negative, some positive — has been pulling the market back and forth. Market action has almost entirely become the tariff palace intrigue.
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(Bloomberg) -- Value stocks are having a rare moment in the face of this year’s equity selloff. The upcoming earnings season will help determine whether the group’s outperformance against the market’s high-flyers can persist.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of C
In a sliding market, Middleby has defied the odds, trading up to $157.28 per share. Its 13% gain since September 2024 has outpaced the S&P 500’s 1.4% drop. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Although the S&P 500 is down 1.4% over the past six months, Boston Beer’s stock price has fallen further to $240.11, losing shareholders 17% of their capital. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.