By Marley Jay, The Associated Press NEW YORK — Stocks slipped Thursday as interest rates dropped and banks took sharp losses. Department stores tumbled as Macy’s and Kohl’s plunged following weak holiday-season reports that led the chains to cut their profit forecasts. After a solid but uninspiring report on private hiring in December, bond prices jumped and yields fell, which sent banks down.

BING NEWS:
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    U.S. indexes slipped Friday, putting stocks on course to end the Christmas week on a downbeat note.In morning trading, the Dow Jones Industrial Average fell about 350 points, or 0.8%, while the S&P ...
    12/27/2024 - 5:01 am | View Link
  • Allbirds Stock May Fall As Retail Bankruptcies Rose 80% In 2024
    The retail laggards are stuck with high costs and declining revenues as they burn through dwindling cash piles.
    12/27/2024 - 4:47 am | View Link
  • Stocks Slip As Strong November Retail Sales Raise Concerns Over 2025 Fed Rate Cuts
    Wall Street began Tuesday’s session on a weaker note, with major indices slipping after November's robust retail sales report reignited investor concerns that the Federal Reserve might hold back inter ...
    12/17/2024 - 2:56 am | View Link
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