All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.
Tapestry Inc. outlines long-term growth strategy to increase revenue, margins, and shareholder returns by 2028, with focus on younger consumers and international expansion.
Labor market trends reveal cooling but not weakening in the labor market; the FOMC can provide a catalyst to reinvigorate hiring and consumer spending.
August jobs data disappointed, but a Fed rate cut could revive housing demand. Here's how homebuilder ETFs could continue to rally as borrowing costs fall.
Risk appetite returned to Wall Street on Thursday, as signs of labor market cooling in August cemented expectations that the Federal Reserve will begin cutting interest rates at its Sept. 17 meeting.
PwC’s survey indicates that overall spending will decrease by about 5% from last year, with Gen Z reducing their holiday budgets by nearly a quarter, while older shoppers plan to maintain their current spending levels or increase it.
Off-price shopping is trending, with TJX Companies Inc (TJX) as a major beneficiary. Placer.ai reports a jump in visits to TJX stores, while rival Ross Stores Inc (ROST) may reinforce this trend. ETFs with off-price exposure may perform better.
