Tag: Bloomberg
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Skechers Stock Tumbles as CFO Gives Warning on China Outlook
(Bloomberg) -- Skechers U.S.A. Inc. shares delivered their worst daily performance since February after the footwear company’s chief financial officer told an industry conference...
Strategist Who Called Rally Last Year Sees S&P Soaring to 6,100
(Bloomberg) -- The stock market’s furious run that has sent the S&P 500 Index flying 20% this year is far from over, according to...
New Pipeline Has Oil-Storage Tanks at Key US Hub Running Dry
(Bloomberg) -- Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts...
Wall Street’s New Era Off to Rocky Start Despite Big Fed Cut
(Bloomberg) -- Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify...
Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut
(Bloomberg) -- Bitcoin hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets.Most...