Walmart’s announcement alarmed investors who weighed the implications for other retail stocks.
Stocks during Monday's session traded in a narrow range, with the S&P 500 adding 0.1%. The Dow Jones Industrial Average climbed 90.75 points, or 0.3%. The tech-heavy Nasdaq Composite lagged, sliding 0.4%. All of the major averages are on track for their best month of the year.
"I think that there's going to be a bifurcated market," VantageRock's Avery Sheffield said during CNBC's"Closing Bell: Overtime.""I think the bottom might be in certain stocks, but nowhere in others. So this actually could be one of the most dynamic earnings seasons we've seen in a long time."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Futures Fall Slightly as Wall Street Braces for a Busy Week of Earnings, Fed MeetingInvestors prepare for a stacked week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve.
Read more »
Stock Futures Are Little Changed as Wall Street Braces for a Busy Week of Earnings, Fed MeetingInvestors prepare for a stacked week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve.
Read more »
A New Way to Short Tesla: AXS Investments Launches New Single-Stock ETFsAXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure of short-term single-stock investments.
Read more »
Stock market activity 'indicator' of what will happen in real estate market: ExpertThe Campins Company founder Katrina Campins weighed in on the real estate market, noting that the interest rate-sensitive housing market has started to cool noticeably.
Read more »
Congress should restrict stock purchases by lawmakers' family members, Americans sayAmericans tell Fox News relatives of members of Congress should have trading restrictions because politicians should not profit from markets they help regulate.
Read more »
ATEEZ Breaks Own Record With Over 1.1 Million Stock Pre-Orders For “THE WORLD EP.1 : MOVEMENT”ATEEZ is already soaring to new heights with their upcoming album—even before its release! On July 24, KQ Entertainment officially announced, “ATEEZ’s new album ‘THE WORLD EP.1 : MOVEMENT‘ has surpassed 1.1 million stock pre-orders.” Not only does this figure mark ATEEZ’s highest number of stock pre-orders to date, but it also makes “THE WORLD
Read more »