Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
The Fund seeks to provide investment results that correspond, before expenses, to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Fund holds a portfolio of the ...
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.
The Dow Jones Industrial Average was up 776 points, or 1.8%, at 43,294. The S&P 500 was up roughly 111 points, or 1.9%, at 5,954. The Nasdaq Composite was up about 469 points, or 2.5%, near 19,514.
U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average increased 0.1% ... Financiere Richemont rose 15.7% and Zalando added 15%. On the other hand, Safestore ...
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P 500 Index (SPX) futures sit flat, and Nasdaq-100 Index (NDX) futures manage a modest gain.
Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and
In a report released today, Piral Dadhania from RBC Capital maintained a Hold rating on Compagnie Financiere Richemont SA (CFR – Research
European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by expectations of loosening monetary policy and strong corporate quarterly earnings.
MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up 0.98%, with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations.
On Wall Street, major indices declined after their biggest daily percentage gains since the November 6 rally post the US presidential election. The Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13; the S&P 500 dropped 12.57 points, or 0.21%, to 5,937.34; and the Nasdaq Composite lost 172.94 points, or 0.89%, to 19,338.29.
Treasury yields are getting cheaper and rate cut bets are back on the rise. The Dow Jones Industrial Average (DJIA) added over a full percentage point in value on Friday, climbing around 500 ...