Stocks Sink as Yields Stabilize After Nvidia Profit Surge
Wall Street fell as the S&P 500 slid 1.3 percent and the Dow dropped 373 points while the Nasdaq lost 1.9 percent. Yields on the 10 year note rose to 4.23 percent amid mixed economic data, flagging higher rates and cautious investors ahead of Fed Chair Powell's Jackson Hole speech.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Nvidia
U.S
S&p 500
Treasury
Federal Reserve
Fed
Jerome Powell
Jackson Hole
Wyoming
Ben
Nordstrom Posts Slower Quarter Amid Cautious Shoppers
Nordstrom reports a 7.9 percent drop in second quarter sales to 3.77 billion with net income of 137 million or 84 cents a share. The Seattle retailer tops Wall Street expectations but lowers annual revenue outlook while wind-down of Canadian operations weighs on results.
MENTIONED IN THIS ARTICLE
New York
Nordstrom
Wall Street
FactSet
Kohl’s
Macy’s
AMC
MarvellTch
At&t Inc
Alphabt C
MultiAuto Rs
Alphabt A
NRX Phar
Amazon Vo
Newell Br
Amé Airlines
NiSource
Apple Inc S
Nikola
Auroralnn
BcoBrad
Northropg
BkofAm
NovemSci
Betr Home
Nu Hidg
Nvidia
Canoel
Carnival
Cedarf
OwensCorn
China SX
Cisco
Palantir
Citigroup
CocaCola
PepsiCo
Comcast
PetcoHl A
Cracker
Petrobras
Disney
Pfizer
EBET
PlugPowr H
Esports
Foxo Ten
RetoEcors
Fardy Fuln RivaAu A
FirstEngy
Shrwin
FootLockr
Smucker
Fordm
Snapinc A
GenElec
SoFiTech
GinkgoBi
Grabhi A
Deanom Is
TilrayBr Ntel
Biosy Rs
Uber Tch
Nvitae
VerizonCm
Johnda
VirgiGal
WalMart
Kenvuen
WeWork
Keycorp
Kohls
WellsFargo
incNat
Wendys Co
LucidGrp
YumBrnds
Sweet Crude
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
Mutua Funds
AmrcnBalAm
CptWidGrincAm
Cptilncbldra m
Fdmillavsa m
Grfamrca
Incamrca m
Inccamrca m
NwPrspctvAm
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox IntiStk
Dodge & Cox Stil
Fidelity
Fidelity BC Growth
Fidelity Contrafund
Fidelity Group
Fidelity Intldxinstiprm
Fidelity TiMktIdxinsPrm
Vanguard
Vanguard EqincAdmrl
Vanguard Hcadmrl
Vanguard Intrteadmrl
Vanguard InsidxIns
Vanguard InsidxInsPlus
Vanguard IntGrAdmrl
Vanguard PrmCpAdmrl
Vanguard SmCplidxAdmil
Vanguard Ttbmidxadmin
Doe
SEC
The
Associated Press
T-Mobile to cut 5000 jobs in major restructuring plan
T-Mobile announced a plan to lay off about 5,000 employees, roughly 7 percent of its workforce, over the next five weeks, mainly in corporate and back-office roles while retail and customer service positions are spared. The move aims to streamline operations amid rising costs and a shift to key growth strategies.
MENTIONED IN THIS ARTICLE
New York
T-Mobile
Michael Sievert
Sievert
Google
Meta
Amazon
Microsoft
Disney Park
San Francisco
Uber
California
Lyft
Boeing
Spirit AeroSystems
Wichita
Kansas
Airbus
Cowen Aerospace
Cai von Rumohtz
von Rumohr
Also Mentioned on This Page
Pittsburgh
Sprint
Mint Mobile
Ryan Reynolds
Ka’ena Corp
the Market IN Review
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Russell
Naspaaq
Lendway
OSI
Sys OperaLtd
Apple Incs
Splunk
Xinyuanrs
Beamin
TriSalus
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!