Cheerios Maker Bets on Q4 Profit Slip Amid Revenue Growth
The maker of Cheerios and Betty Crocker cake mix will report fiscal fourth quarter results today. Analysts expect earnings to dip to 1.07 per share from a year earlier while revenue rises. The report may illuminate consumer spending trends as earnings season begins. Investor caution grows due to lingering inflation and tighter credit conditions in the second half of 2023.
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Stocks Recap of Return Audiences and Show Fans
The article highlights persistent crowds and returning attendees who line up for shows post pandemic. It notes appreciation from fans for live performances, a sentiment less common before.
Wall Street Gains After Strong Economy Hints
Wall Street rose as hopes of a steadier economy supported stocks. The S&P 500 gained about 1.1 percent on Tuesday, resuming its ascent after a weeklong pullback and reaching near earlier highs.
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Stock indexes rise on upbeat consumer data and housing sales
The Dow Jones Industrial Average and the Nasdaq climbed as readings on consumer confidence and new home sales exceeded economists' forecasts, signaling steady momentum in the economy. NY Adiet Bio
Missouri teen survives door shooting case gains national attention
Yarl, then 16, described a man firing through a door at him as he blocked a potential robbery. Andrew Lester, 84, pleaded not guilty to first degree assault and armed criminal action. Bail set at 200000 with 10 percent posted. Public reaction and calls for hate-crime investigation followed. Yarl, now 17, continues recovery, attends therapy, and pursues chemical engineering and music while coping with trauma.
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