Category: sixweek
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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…
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Dollar hits six-week high before payrolls report By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar rose to a six-week high on Thursday as data showed the U.S. economy remains strong ahead of Friday’s closely watched jobs report, while safe haven demand amid concerns about escalating tensions in the Middle East and the impact… Dockers’ strike…