Stocks recover from three day slide as tech lifts market
U.S. stocks halted a three day losing streak with a modest Friday rebound led by technology shares. The S&P 500 rose to 2,441.32 while the Nasdaq gained 0.6 percent, with the Dow and Russell small gains. weekly loss persisted amid U.S.-North Korea tensions and mixed data. Strong earnings and data hinted at a later year upturn, though volatility remained elevated. The inflation read suggested a possible first rate move pause next month.
MENTIONED IN THIS ARTICLE
U.S
Wall Street
North Korea
Standard & Poor
Jeff Kravetz
U.S. Bank Wealth Management
Washington
Kravetz
Federal Reserve
streaming bundle backlash looms as Disney eyes new services
New streaming era grows with Disney planning two new services and more niche options. Analysts warn consumers face higher bills and tougher navigation as bundles fracture into single service subscriptions across Netflix, Amazon, Hulu and HBO Now.
MENTIONED IN THIS ARTICLE
New York
Disney
Netflix
Paolo Pescatore
CCS Insight
David Berkowitz
Amazon
Dory
Nemo
CBS
NBC
ABC
Fox
PBS
Univision
Hulu
HBO
Sinner
Jessica Biel
USA
Mlb.tv
Penney Reports Larger Loss as Liquidation Squeezes Margins
Dallas based retailer J.C. Penney posts a bigger loss in its second quarter as liquidation sales pressure margins. It closes 127 of 138 planned store shutdowns yet posts 1.5 percent sales growth. CEO Marvin Ellison says margins were hit and closings cannibalized other sales. stock ends Friday at $3.93, a historic low.
MENTIONED IN THIS ARTICLE
Dallas
J.C. Penney
Penney
Ellison
Applebee's IHOP plan 160 closures with new openings
CineEquity Inc reports 105 to 135 Applebee's and 20 to 25 IHOP locations could close this fiscal year while opening 80 to 95 new IHOPs and 20 to 30 new Applebee's. Net openings may reach 75 for Applebee's and 75 for IHOP, with exact sites not yet listed. Also July prices rose 0.1 percent, keeping inflation soft.
MENTIONED IN THIS ARTICLE
Los Angeles
Applebee's
IHOP
CineEquity Inc
Glendale
Calif
CineEquity
Applebee
U.S
Penney
Forterran
SnapInc
CityHl
EnterpMrs
BkofAm
Luxoft
AMD
Aegean
MP Jumei Intl
Nvidia
Aetern G Rs MyndAnn Ovid
Fordm
ForsightEn
Apple Inc
Suche
AK Steel
Macys
At&t Inc
Alibaba
Microsoft
MorgStan
NiSources
Nordson
Bob Evans
Northropg
BrodeCm
Cedarf
PNC
ParkerHan
CntryLink
ChesEng
Penney Cisco
Petrobras
Citigroup
Pfizer
PolyOne
CityHit Oe
ProdtGam
Csvellvst
Darden
RPM
Delath Rs
RegionsFn
Diebold
RiteAid
EmersonEl
Spdrogex
ENSCO
SearsHidgs
Facebook
Sherwin
FifthThird
FirstEngy
Smucker
Frptmem
Spiritritc
GenElec
Sprint Hertzel
SP Engy
HomeDp
SPDR
Honcilind
SP Tech
HuntBnesh
Staples
iShBrazil
SynrgyPh
Ishchinalc
TevaPhrm
Ishemkts
Ussteel
Vale SA
Intel
Wendys Co
Kinross G
WhitingPet
Lowes
Windstars
Also Mentioned on This Page
North Andover
Mass
Tali Arbel
Associated Press
Berkowitz
Justwatch.com
Colin Petrie- Norris
Xumo
Applebee’s
Labor Department
Nissan
Ntv
I90nissan.com
the Market IN Review
Dow Jones
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Wilshire
Russell
Naspaaq
Ae Comores
Lt Sweet Crude
NYMX
CME
New York Mercantile Exchange
Chicago Board of Trade
Chicago Mercantile Exchange
Intercontinental Exchange
Mutua
AmrcnBalAm
FomdInvsAm
GrfAmrcAm
IncAmrcAm
Invcamrcam
NwPrspctvAm
Wamtinvsam
Dodge & Cox Inc
Dodge & Cox IntlStk
Dodge & Cox Stk
Fidelity
Fidelity Contrafund
Franklin Templeton Inca
Vanguard
Vanguard PrmCpAdmrl
Vanguard Ttbmidxins
Vanguard Ttismidxadmil
Ttismidxins
Vanguard WingtnAdmil
Vanguard WislylhcAdmil
Vanguard Wndsrl
Doe
SEC
The