Wall Street holds steady as several retailers including Abercrombie report solid results
NEW YORK (AP) — U.S. stocks are holding steadier a day after leaping back within a few good days’ worth of gains from its all-time high.
The S&P 500 was up 0.1% in early trading Wednesday.
The index has been charging higher as markets hope that the worst of the turmoil from President Donald Trump’s trade war may have passed.
The Dow Jones Industrial Average was flat, and the Nasdaq composite was up 0.2%. Abercrombie & Fitch soared after its profit and revenue beat analysts’ expectations. Macy’s rose after reporting milder drops in revenue and profit than analysts expected for the latest quarter.
More Stories
Open wide, Chancellor: Britain’s businesses are already in the chair
Three weeks ago I had a tooth out. It did not go quietly. The extraction took forty-five minutes, with the...
Firstwork raises $15m to automate onboarding for frontline workers
Firstwork, a New York-based AI company that automates hiring checks for frontline staff, has raised $15m in a Series A...
Fr. Ranjan D’Sa: Leadership Lessons From a Decade in Parish Ministry
It means managing people, money, and programs, year after year, in a community that expects both stability and growth. That...
UK inflation rises to 3.5 per cent as public debt passes £3trn
UK inflation rose to 3.5 per cent in September, its highest rate for 11 months, as separate figures published today...
Alaa Jaber on Building a Career on His Own Terms
Building a career through self-employment meant learning to make decisions without always having a supervisor, an established process, or a...
Ralph Opacic Leads a Second Act in Orange County Arts Education
Ralph Opacic spent six years teaching choral and vocal music at Los Alamitos High School before he decided a classroom...