Investing.com-- S&P 500 rose Thursday, as softer retail sales data signaling a weaker consumer stoked bets on Federal Reserve rate cuts, pushing Treasury yields lower.At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 271 points, or 0.7%, the S&P 500 index added 0.4%, and the NASDAQ Composite slipped 0.2%. PPI inflation, retail sales slump to amp up rate-cut ...
By Casey Hall and Siddharth Cavale NEW YORK (Reuters) -U.S. retailers including Walmart (NYSE:WMT) and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season starting in late May after Washington and Beijing agreed to temporarily slash tariffs. The agreement on Monday to lower U.S. tariffs on shipments from China to 30% from 145% for the next three ...
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Walmart, the world’s largest retailer, will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, in a clear signal that U.S. President Donald Trump’s trade war is filtering through to the American economy. As a bellwether of U.S. consumer health, Walmart (NYSE:WMT)’s explicit ...
Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Telecoms, Software and Food & Beverages sectors led shares higher.At the close in Frankfurt, the DAX gained 0.65% to hit a new all time high, while the MDAX index added 1.05%, and the TecDAX index added 0.94%.The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 5.65% ...