Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.
MoneyWeek7d
Luxury stocks rally after Richemont sales boom – is there hope for the sector?
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Wall Street Analysts Are Neutral on Top Consumer Cyclical Picks
Analysts fell to the sidelines weighing in on Compagnie Financiere Richemont SA (CH:CFR – Research Report), Taylor Wimpey (GB:TW – Research ...
Global Stock Index Outperforms Wall Street, Bond Yields Dip with Rates in Focus
In equities, the Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 fell 12.57 points, or ...
Pacific Daily News17d
Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont. Major US ...
Honolulu Star-Advertiser15d
Global stock index outperforms Wall Street, bond yields dip
NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments ...
Seeking Alpha13d
Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
we report that there might be potential disposals of underperforming brands in Richemont's portfolio. Still, we believe this might be seen as a positive catalyst by Wall Street analysts.
Investopedia15d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
She previously worked at The Wall Street Journal and Bloomberg. Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record ...