The preliminary University of Michigan Consumer Sentiment reading for September checked in at 55.4, below the market consensus of 58 and also much lower compared to the final reading of 58.2 for August. For context, the…
Read in context ›TJX Companies Stock (TJX)
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6 mentionsConsumer Sentiment Weakens in September A Nike Quiz Question: I am pondering, given Nike’s NKE comment last night that ongoing inventory liquidation will result in additional margin compression over the next two quarters, which discount retail company stands to benefit th…
Read in context ›From the Street of Dreams From JPMorgan: U.S.: Futs are flat ahead of Jackson Hole, given the Fed mins the market will look for the continuation of a dovish message and hints of 25 BPS or 50 BPS cuts. Bond yields are higher by 1 to 2 BPS and the…
Read in context ›U.S. Select Premarket Movers Upside: - BBAI +29% (named as a subcontractor on a 10-year $2.4 billion shared contract with U.S. Federal Aviation Administration to provide IT solutions and emerging tech) - IMMR +16% (earnings) -( AZTR ) +14% (first pa…
Read in context ›From the Street of Dreams From JPMorgan: U.S.: Stocks closed lower. The SPX was unable to hold 5,600 today and declined for the first time after eight consecutive daily gains. Defensives outperformed: Staples, HC and RE are among the outperformer…
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