Text size A customer browses gift-wrapping supplies at a Dollar Tree store in Louisville, Ky. Luke Sharrett/Bloomberg Same-store sales are critical for retailers, but many investors worry that they will fall in 2022 because 2021—a great year for the industry–gave them a hefty boost. Analysts have increased their estimates for the key metric for only […]
5G, 5G, 5G! Carriers and smartphone makers can’t stop talking about how fast the fifth-generation mobile network is. Is the much-hyped technology worth a device upgrade? 5G is fast—when you can find it—but as my week of battery tests show, it’s a power hog, and there are no killer apps requiring the high data speeds […]
Investors are piling back into US stocks, betting that the domestic equity market can withstand new economic headwinds better than other parts of the world. The US, by contrast, is less reliable on Russian oil, while counts of Covid-19 patients admitted to hospitals have fallen substantially. And many investors believe the US economy entered the […]
The S&P 500 edged higher Friday, staying on track for its best week since November 2020 as investors digested the Federal Reserve’s interest-rate increase and developments in Ukraine. The broad US stock index was recently up 0.1% in early afternoon trading after three consecutive sessions of gains. The Dow Jones Industrial Average slipped 0.3%, or […]
US stocks edged down as investors showed concern about further escalation in the Ukraine war leading to shortfalls of commodities supply. The S&P 500 slipped 0.3% in early New York trading, a modest pullback in the broad-market index after it closed 1.3% higher on Thursday. The tech-heavy Nasdaq Composite Index fell 0.4%, while the Dow […]
US stock futures edged down as investors were concerned of further escalation in the war in Ukraine that could lead to shortfalls of commodities supply. Futures tied to the S&P 500 slide 0.6%, pointing to a moderate pullback in the broad-market index after it closed 1.3% higher on Thursday. Nasdaq-100 futures fell 0.7%, suggesting declines […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
US stocks and government bond yields edged down after the Federal Reserve raised interest rates for the first time since 2018 and oil soared as the market’s focus returned to the Ukraine war. The S&P 500 declined 0.4% in early trading, after the broad-market index closed more than 2% higher on the past two consecutive […]
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