Category: hoursand
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Stock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
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Wall Street called off a six-week winning streak at the market close on Friday, with Treasury yields rising and investors grappling with soaring valuations amid mixed earnings. One of the biggest losers on Friday was Capri Holdings Ltd., which lost nearly half its value after a federal judge blocked its…