November 2021

US: CB Consumer Confidence drops to 109.5 in November versus expected 111.0

FX

According to the latest Consumer Confidence survey conducted by the US Conference Board, US Consumer Confidence fell to 109.5 in November from 113.8 in October. That was a larger drop than the expected decline to 111.0. The Present Situation index fell to 142.5 in November from October’s downwardly revised reading of 145.5 from 147.4. Meanwhile, […]

US: CB Consumer Confidence drops to 109.5 in November versus expected 111.0 Read More »

Major indices claw back some of the losses from Friday’s trade

Major indices claw back some of the losses from Friday’s trade

Technical Analysis

NASDAQ index leads the way The major indices clawed back some of the losses from Friday’s trade with the NASDAQ index taking back the most. The Dow industrial average lagged. The final numbers are showing: Dow industrial average +236.47 points or 0.68% at 35135.99 S&P index +60.61 points or 1.32% at 4655.25 NASDAQ index up 291.19 points

Major indices claw back some of the losses from Friday’s trade Read More »

Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales

Finance

In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday reported earnings that fell short of analysts’ expectations as labor costs ate into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent

Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales Read More »

This site uses cookies, read the Cookie and Privacy Policy. 64-85% of retail investors lose money when trading. Risk Disclaimer.