The S&P 500 and Dow Jones Industrial Average closed at a record high on Friday. The stock markets have been performing really well on expectations of a strong U.S. economic recovery, adaptive monetary policies and a successful vaccination program. Federal Reserve Chair Jerome Powell mentioned that near-term price pressures will prove transitory, and the central bank’s ultra-easy monetary policies are here to stay.
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to