Stocks close up as Huawei ban delay offsets retail woes
The Dow Jones Industrial Average and S&P 500 closed with their first gain in three sessions.
Markets
Baidu's Billion-Dollar Buyback Is Pointless
The Chinese tech giant’s new $1 billion buyback plan won’t help investors.
Microsoft Gives Sony's Chipmaking Business a Boost
As part of a strategic partnership, Microsoft plans to develop new AI-powered image sensors with Sony.
VanEck Semiconductor ETF Up On Relaxation of Huawei Restrictions
This article was originally published on ETFTrends.com.
"Executional Misses" Hit Nordstrom Hard
The upscale retailer expects to react much more forcefully to restore growth.
Market Movers
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ETFs
How should investors handle the market fallout from US-China trade tensions?
Global Trends President Tom Lydon on the impact of U.S. trade tensions with China on investors' portfolios.
How to Minimize Taxes on Your Investments
Taxes are tangled web. So tangled, Will Rogers once quipped, “The only difference between death and taxes is that death doesn’t get worse every time Congress meets.” For the investor, taxes represent a real threat to wealth and a cost that must absolutely be controlled. … Read more ›
The changes to Twitter's earnings report
Pacer ETFs' Sean O'Hara on earning season and the impact of Trump administration trade negotiations with China.
Earnings
Department stores woes reflected in latest batch of results
Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.
Home Depot posts strong profit, revenue
Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research.
JCPenney, Kohl’s disappoint and stocks crater
Retailers JC Penney and Kohl’s both disappointed investors.
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