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US retailers down on growing recession fears

BUZZ-US retailers down on growing recession fears ** Shares of major U.S. retailers down in early trading amid broader market decline after fears of the United States tipping into recession following weak economic data last week ** Retail behemoth Walmart WMT.N shares down ~1% and smaller rival Target's TGT.N stock falls ~4% ** Department store cha
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +4.8% Baker Hughes Co BKR.OQ +4.4% Charter Communications Inc CHTR.OQ +3.7% Old Dominion Freight Line Inc ODFL.OQ +3.4% Fastenal Co FAST.OQ +3.3% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -2.4% Dollar Tree Inc DLTR.OQ -2.3% Xcel Energy Inc XEL.OQ -2.1% Ross Stores Inc ROST.OQ -1.9% Biogen Inc BIIB.OQ -1.9% The Nasdaq 100 .NDX gained 163.39 points,
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US back-to-school spending to remain muted in 2024, Deloitte says

US back-to-school spending to remain muted in 2024, Deloitte says By Anuja Bharat Mistry and Ananya Mariam Rajesh July 15 (Reuters) - Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics such as laptops and personal computers, Deloitte said. Shoppers are likely to spend $31.30 billion, or about $586 per student, in kindergarten to 12th grade, Deloitte said, citing its shopper surveys.
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Gap, Abercrombie results to show if mall shoppers are splurging

PREVIEW-Gap, Abercrombie results to show if mall shoppers are splurging By Savyata Mishra and Juveria Tabassum May 28 (Reuters) - Results from U.S. mall-based apparel chains this week will give a clearer picture of whether Americans are splurging on clothes and accessories heading into summer following mixed results from big retailers Walmart and Target.
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Stocks rebound to close higher but Dow down for the week

US STOCKS-Stocks rebound to close higher but Dow down for the week Dow snaps five-week win streak Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Indexes up: Dow 0.01%, S&P 0.7%, Nasdaq 1.1% Updated at 4:06 p.m. ET/2006 GMT By Chuck Mikolajczak NEW YORK, May 24 (Reuters) - U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight week of gains and record closi
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Stocks rebound to close higher but Dow down for the week

US STOCKS-Stocks rebound to close higher but Dow down for the week Dow snaps five-week win streak Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Updated at 4:00 p.m. ET/2000 GMT By Chuck Mikolajczak NEW YORK, May 24 (Reuters) - U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight week of gains and record closing high.
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Wall Street bounces higher ahead of long weekend

US STOCKS-Wall Street bounces higher ahead of long weekend Dow set to snap five-week win streak Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Indexes up: Dow 0.18%, S&P 0.77%, Nasdaq 1.21% Updated at 2:10 p.m. ET/1810 GMT By Chuck Mikolajczak NEW YORK, May 24 (Reuters) - U.S. stocks rose on Friday, recovering some losses suffered in the prior session as data showed improving consumer sentiment on inflation, to put the Nasdaq and S&P 500 on track for a fifth
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U.S. STOCKS Gold miners, Dell, Nutanix

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, Dell, Nutanix Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes climbed on Friday, regaining some lost ground following a weak session on Wall Street after inflation concerns rekindled monetary policy caution ahead of a long weekend.
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Wall Street bounces back ahead of long weekend

US STOCKS-Wall Street bounces back ahead of long weekend For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Dow, S&P 500 set for weekly losses Megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Indexes up: Dow 0.21%, S&P 0.67%, Nasdaq 1.05% Updated at 11:45 a.m.
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U.S. STOCKS XPO, Howmet Aerospace, Martin Midstream

BUZZ-U.S. STOCKS ON THE MOVE-XPO, Howmet Aerospace, Martin Midstream Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes opened higher on Friday, but the blue-chip Dow and the benchmark S&P 500 were set to snap four straight weeks of gains as inflation concerns rekindled monetary policy caution ahead of a long weekend.
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Wall St rises; Dow and S&P 500 set for weekly fall on inflation worries

US STOCKS-Wall St rises; Dow and S&P 500 set for weekly fall on inflation worries For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Dow, S&P 500 set for weekly losses Nearly 78% of reporting S&P 500 companies have beaten forecasts - LSEG data Megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Indexes up: Dow 0.15%, S&P 0.39%, Nasdaq 0.46% Updated at 10:
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Wall St set to rebound at open after retreating on inflation jitters

US STOCKS-Wall St set to rebound at open after retreating on inflation jitters For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Dow, S&P 500 set for weekly losses Boeing, megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Futures up: Dow 0.20%, S&P 0.35%, Nasdaq 0.38% Updated at 8:40 a.m.
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Ross Stores rises after Q1 results beat; brokerages raise PTs

BUZZ-Ross Stores rises after Q1 results beat; brokerages raise PTs ** Shares of off-price retailer Ross Stores ROST.O up 7.7% at $142.01 premarket ** Company reports Q1 EPS of $1.46 vs LSEG estimate of $1.35 during aftermarket hours on Thursday ** Reports sales of $4.9 bln, also beating estimate of $4.83 bln - LSEG data ** Morgan Stanley and Wells
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U.S. Deckers Brands, Nvidia, Workday

U.S. RESEARCH ROUNDUP-Deckers Brands, Nvidia, Workday May 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Deckers Brands, Nvidia and Workday, on Friday. HIGHLIGHTS * Deckers Brands DECK.N : Barclays raises target price to $1089 from $1026 * Enersys ENS.N : BTIG cuts to neutral from buy * Nvidia Corp NVDA.O : Deutsche Bank raises target price to $1000 * Ulta Beauty Inc ULTA.O : Jefferies cuts target price to $412 fr
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Ross Stores Inc reports results for the quarter ended in April - Earnings Summary

Ross Stores Inc reports results for the quarter ended in April - Earnings Summary Ross Stores Inc ROST.OQ reported quarterly adjusted earnings of $1.46​​ per share for the quarter ended in April, higher than the same quarter last year, when the company reported EPS of $1.09. The mean expectation of nineteen analysts for the quarter was for earnings of $1.35 per share.
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Ross Stores beats quarterly estimates on steady demand for discounted products

Ross Stores beats quarterly estimates on steady demand for discounted products May 23 (Reuters) - Ross Stores ROST.O on Thursday posted first-quarter results above Wall Street estimates and raised its annual profit forecast, as shoppers pivot to off-price retailers prompted by sticky inflation that have squeezed their budgets. The California-based company's shares jumped nearly 7% to $141 in extended trading, after the company also posted an increase of 205 basis points in its quarterly operatin
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Ross Stores rises on Q1 profit beat

BUZZ-Ross Stores rises on Q1 profit beat May 23 (Reuters) - ** Shares of off-price retailer Ross Stores ROST.O up 6.4% at $140.30 after market ** Company reports Q1 EPS of $1.46 vs LSEG est. of $1.35 ** Reports sales of $4.9 bln vs. ests of $4.83 bln - LSEG data ** Expects second-quarter earnings per share between $1.43 and $1.49, up from reported
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Ross Stores Q1 Net Income USD 487.99 Million Vs. IBES Estimate USD 449.4 Million

BRIEF-Ross Stores Q1 Net Income USD 487.99 Million Vs. IBES Estimate USD 449.4 Million May 23 (Reuters) - Ross Stores Q1 pretax profit USD 637.063 million vs. IBES estimate USD 595.3 million. Q1 sales USD 4,858.067 million vs. IBES estimate USD 4,833 million
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Nvidia aces Fed, tense Taiwan and UK poll

MORNING BID AMERICAS-Nvidia aces Fed, tense Taiwan and UK poll A look at the day ahead in U.S. and global markets from Mike Dolan Yet another quarterly earnings beat from AI-chip behemoth Nvidia NVDA.O catapulted Wall St stock futures higher again on Thursday - batting away hawkish Federal Reserve meeting minutes, military tension around Taiwan and news of a July UK election .
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What to Watch in the Day Ahead - Thursday, May 23

What to Watch in the Day Ahead - Thursday, May 23 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT On the U.S. economic calendar, S&P Global is due to report flash PMIs for May.
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