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Panos Mourdoukoutas

Business

Retailers See Mixed Sales as Consumers Tighten, Not Retreat

This earnings season highlighted differing trends at some of the biggest U.S. retailers.At Target and Ross Stores, customer traffic increased, seeking style, deals, and what one analyst called the “treasure hunt.” At TJX’s Marmaxx division, purchases were lower than expected. And at Walmart, the...
Business

Wall Street Review: Stocks Post Weekly Loss Despite Friday Gains

U.S. stocks ended Friday in the green but posted a weekly loss as rising bond yields weighed on the markets, with both the 30-year Treasury bond and the 10-year Treasury note trading at multi-year highs.The Dow Jones Industrial Average closed at 53,277 on Friday,...
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Business

Wall Street Review: S&P 500 Hits Record High as Inflation Cools, Earnings Stay Strong

The S&P 500 climbed to a fresh record high this week, powered by new...
Business

Wall Street Review: Stocks Stage Broad Rally on Easing Rate-Hike Fears

Wall Street ended the week at record highs, as a surprisingly weak jobs report...
Business

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the later part of the trading...
Business

Wall Street Boom Fuels Record Profits at Big Banks

Wall Street’s largest banks reported some of their strongest earnings on record, but much...
Business

Wall Street Week: Tech Sell-Off Continues Amid Soaring AI Capex

Stock markets closed another volatile week in the red, as investor sentiment soured on...
Business

Wall Street Review: Tech Stocks Sink as Semiconductor Sector Enters Bear Market on AI Worries

U.S. technology shares reversed course this week, giving up all the gains they made...
Business

Wall Street Review: Tech Stocks Regain Market Lead Amid Rising Oil Prices and Bond Yields

Technology shares regained market leadership this week amid major deals among tech giants and...
Business

US Automakers Report Mixed Sales in Increasingly Electrified Market

U.S. automakers reported mixed June sales in an increasingly electrified market, with Ford, General...
Business

Wall Street Review: Dow Hits New Record Amid Ongoing Market Rotation

The Dow Jones Industrial Average hit a fresh record this week amid an ongoing...
Business

Wall Street Review: Tech Stocks Slide in Volatile Week Amid Growing Concerns Over AI Trade

U.S. stocks saw heightened volatility this week amid investor concerns about financing massive artificial...
Business

AI and Energy Drive S&P 500 GainsWhat It Means for Markets and the Economy

A board shows stock prices at the New York Stock Exchange on April 22,...
Business

Wall Street Review: Stocks Post Strong Gains on Iran Peace Agreement

Traders work on the floor of the New York Stock Exchange on June 15,...
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