Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, November 26, 2024
[ 03:40 PM ] - Thomas Matters
[ 02:40 PM ] - Thomas Matters
[ 01:40 PM ] - Thomas Matters
[ 01:00 PM ] - Thomas Matters
[ 12:40 PM ] - Thomas Matters
[ 12:01 PM ] - Thomas Matters
[ 12:01 PM ] - Thomas Matters
[ 11:41 AM ] - Thomas Matters
[ 11:41 AM ] - Thomas Matters
[ 11:40 AM ] - Thomas Matters
[ 11:21 AM ] - Thomas Matters
Stock market today: Wall Street rises near records as Treasury yields ease
- In the stock market, Bath & Body Works jumped 15.6% after delivering stronger profit for the latest quarter than analysts expected. The seller of personal care products and home fragrances also raised its financial forecasts for the full year, even though it still sees a "volatile retail environment" and a shorter holiday shopping season this year.
The article from ABC News discusses the positive movement in Asian stock markets following comments from former President Donald Trump, who suggested he would not reimpose tariffs on Chinese imports if elected. This news contributed to a rise in shares in major Asian markets, with Hong Kong's Hang Seng jumping 1.9%, Shanghai Composite up by 0.6%, and Tokyo's Nikkei 225 gaining 0.3%. The optimism was also fueled by expectations of potential interest rate cuts by the Federal Reserve, which could stimulate economic growth. However, the markets remain cautious due to ongoing geopolitical tensions and economic uncertainties. Additionally, the article touches on other global economic indicators, like oil prices and currency movements, reflecting a broader context of market sentiment influenced by both political and economic factors.
Read the Full ABC Article at [ https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-gain-after-trump-116190630 ]
Read the Full ABC Article at [ https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-gain-after-trump-116190630 ]
