$117.99
+0.48 (+0.41%)
XLY News8 articles
Home Depot Eyes $391 as Packed Week Brings Fed Minutes, Inflation Data
Home Depot shares edged higher to $391.05 Friday. Markets face a compressed week with critical Fed minutes and economic data ahead of the retailer's quarterly report.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
McDonald's Shares Dip Pre-Earnings Amid Focus on Consumer Trends, Costs
McDonald's stock declined slightly ahead of its quarterly results, with investors assessing consumer resilience and rising beef costs. Options markets anticipate a 3% price swing.
Chipotle Shares Slide Amid Insider Transactions and Consumer Spending Concerns
Chipotle Mexican Grill stock fell 3.5% as insider filings revealed share sales and tax withholdings by top executives, while weak restaurant spending data weighed on sentiment ahead of key inflation data.
PepsiCo Shares Dip Amid Consumer Spending Concerns and Rival's Revenue Miss
PepsiCo stock declined slightly as weak retail sales data and Coca-Cola's disappointing revenue forecast fueled worries about consumer demand. The company plans snack price cuts and will detail strategy at an upcoming conference.
Visa Shares Gain Amid Ex-Dividend Trading, Consumer Spending in Focus
Visa stock advanced about 1% as it traded ex-dividend, with investors weighing flat U.S. retail sales data. The payments giant remains 13% below its 52-week high.
Wesfarmers Gains Ahead of Earnings as Consumer Sentiment Weakens
Wesfarmers shares rose 1.23% on Tuesday, outperforming a flat ASX 200, as investors await half-year results on February 19 for insights into retail demand amid softer consumer confidence.