Benchmark indexes closed mixed after a volatile session dominated by retail sector stocks. Investors cheered the latest earnings from Walmart and Home Depot and hoped that the strength in consumer spending will be reflected in results of other retail companies.
Aug 16

European markets closed higher investors looked beyond the weak economic data in the region. Real wages declined in the U.K. and the economic sentiment in the region remained weak.
Aug 16

Walmart said quarterly revenues rose largely on price increase and the retailer retained its full-year revenue outlook on the back of a stronger second-half performance expectations. WMT
Aug 16

The home improvement retailer retained its outlook for annual revenues and earnings per share earnings growth. Customer transactions rose but average ticket size rose in the quarter. HD
Aug 16

Axios Media agreed to be acquired by Cox Enterprises as the company accelerates its expansion in local news.
Aug 8

PerkinElmer agreed to sell its non-core and relatively low margin businesses for $2.45 billion. PKI
Aug 1

Initial claims of unemployment benefits rose to the 2022 high at the end of last week.
Aug 11

Producer prices in July dropped 0.5% after rising in June and May. However, on an unadjusted basis from a year ago the wholesale price index rose.
Aug 11

China's exports in July increased 18% on the rebound in orders from the U.S. and trade surplus soared above $100 billion for the first time. However, imports rose 2.3% on weaker demand rebound in domestic demand for energy and raw materials.
Aug 8

Eurozone growth in the second quarter unexpectedly accelerated despite the persistent supply disruptions and natural gas supplies uncertainties.
Jul 30