Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Major Companies Implement Job Cuts and Cost Reduction Measures Amid Volatile Economic Climate In response to ongoing economic challenges and evolving consumer behavior, several major companies have initiated cost-cutting and workforce reduction measures. As businesses seek to adapt to changing market demands, pressing economic concerns have put pressure on companies to optimize their budgets and … Read more

Stock Futures Lower as S&P 500 Puts 5,000 Milestone Within Reach

Stock Futures Lower as S&P 500 Puts 5,000 Milestone Within Reach

Market Update: Stock Futures Dip as S&P 500 Awaits 5,000 Milestone Market Update: Stock Futures Dip as S&P 500 Awaits 5,000 Milestone Recent Developments Stock futures nudged lower Thursday morning after the S&P 500 finished the regular session on the brink of the 5,000 milestone. Futures on the Dow Jones Industrial Average fell 31 points … Read more

Nikkei Hits New 34-Year High amidst Speculation of Less Aggressive Rate Rises by BOJ

Nikkei Hits New 34-Year High amidst Speculation of Less Aggressive Rate Rises by BOJ

Latest News Nikkei hits new 34-year high after report says BOJ may not raise rates “aggressively” Published 4 Hours Ago Japan’s benchmark Nikkei 225 reached a new 34-year high on Thursday, surging by 1.71% to 36,738.42. This surpasses its previous record of 36,546.95, which was achieved on January 22. According to a recent report by … Read more

Stocks Finish Higher as S&P 500 Inches Closer to 5,000 Milestone

Stocks Finish Higher as S&P 500 Inches Closer to 5,000 Milestone

Stocks finish higher as S&P 500 closes in on 5,000 Stocks finish higher as S&P 500 closes in on 5,000 Nasdaq Composite and Dow Jones Industrial Average also see gains Stocks finished higher on Wednesday, with the S&P 500 adding 0.82% to finish at 4,995.06. The Nasdaq Composite jumped 0.95% to settle at 15,756.64, while … Read more

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – The US stock markets are likely to continue their series of losses of the past two trading days on Thursday. The fact that the rating agency Fitch has withdrawn the coveted top rating for creditworthiness from the USA is still having an effect, according to the trade. This step caused clear … Read more

Börse Express – New York shares outlook: earnings expected ahead of data

NEW YORK (dpa-AFX) – After the most recent setback, investors in the US stock market can hope for prices to rise again in the middle of the week. However, there is no place for too much optimism in front of a series of domestic economic data and company figures that have been taken very differently. … Read more

Börse Express – New York stocks: Vigorous recovery after pleasing US economic data

NEW YORK (dpa-AFX) – The most recent setback on the US stock market was followed on Wednesday by a strong recovery movement. After quarterly reports from numerous companies, which were largely received positively, and US economic data giving cause for optimism, the Dow Jones Industrial around two hours before the market close by 0.55 percent … Read more

Börse Express – ROUNDUP/Aktien New York Conclusion: Investors reward good company figures

NEW YORK (dpa-AFX) – After another rollercoaster ride, the US stock markets partially recovered from the recent series of losses on Thursday and rose significantly. The stock markets rose more strongly than in seven weeks after good quarterly figures from some tech heavyweights fueled optimism that corporate profits could withstand a restrictive US monetary policy. … Read more

Börse Express – New York stocks: Up again

NEW YORK (dpa-AFX) – The US stock markets went on a roller coaster ride again on Thursday and increased significantly in trading. This continued the swing exchange of recent times. Market traders attributed the volatility to the fact that investors were weighing predominantly positive company figures against unexpectedly weak US economic data. The initially firmer … Read more

Börse Express – ROUNDUP / Aktien New York: Slightly lower

NEW YORK (dpa-AFX) – The US stock market gave way in early trading on Tuesday. Price data from the USA caused little reaction. Der Dow Jones last fell 0.31 percent to 36,319.40 points. The day before, the leading index had reached another record high. The market-wide S&P 500 fell by 0.21 percent to 4691.86 points. … Read more