NYSEARCA:XLY - NYSE Arca - US81369Y4070 - ETF - Currency: USD
According to a survey by AlixPartners, reported by CNBC, respondents expect the president to walk back steep duties on the European Union, Vietnam, India, and Mexico.
Mentions: XLP
Inditex, which owns Zara, said unfavorable currency rates will shave off 3% of sales this year, up from the 1% it had expected previously
Three packaging companies stand out in a sector that investors may otherwise turn away from amid challenging interest rates and consumer sentiment.
Events like the Switch 2 launch can be a “sell the news” event, but even with Nintendo stock up 43% for the year, analysts believe more upside remains
Stocks have rebounded strongly from spring lows, with experts forecasting a relatively calm summer market tempered by cautious optimism.