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Lululemon gains, data supports rate cut view
S&P 500, Nasdaq hit record closing highs as Lululemon gains, fueling Fed expectations
The Dow Jones Industrial Average .DJI fell 123.19 points, or 0.28%, to 44,642.52, the S&P 500 .SPX gained 15.16 points, or 0.25%, to 6,090.27 and the Nasdaq Composite .IXIC gained 159.05 points, or 0.81%, to 19,859.77.
S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month.
Nasdaq, S&P 500 hit record highs amid jobs data, upbeat forecasts
NEW YORK >> The Nasdaq and the S&P 500 rose to record closing highs today following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month.
7h
on MSN
Lululemon Stock Is Soaring After Earnings. Why Analysts Are Bullish.
Lululemon shares rocketed higher a day after the athletic apparel company beat third-quarter earnings estimates, and analysts ...
6h
on MSN
S&P 500, Nasdaq end higher as Lululemon gains, data supports rate cut view
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and ...
6h
on MSN
Why Lululemon Stock Shot Up Today
Shares of apparel company Lululemon Athletica (NASDAQ: LULU) shot up on Friday after the company provided a solid financial ...
14h
on MSN
Lululemon stock rises on profit beat as company boosts full-year outlook
Lululemon stock rose over 17% in early trading as the company also raised its full-year sales and profit forecasts for 2024.
12h
Lululemon shares surge as holiday demand helps lift forecast, results
Lululemon Athletica shares jumped about 17% in early trading on Friday as an upbeat annual forecast raised investor optimism ...
1d
on MSN
Lululemon has a problem in the U.S., but here’s one thing that’s going its way
Lululemon Athletica Inc. late Thursday revealed a dip in quarterly same-store sales in the U.S., but overseas sales boosted ...
22h
on MSN
Lululemon's international sales were its saving grace this quarter
The activewear brand, known for selling $100 yoga pants, reported a 33% growth in its third-quarter international revenue.
11h
Lululemon stock is unlikely to find its mojo again in 2025
Lululemon reports flat US sales for its third financial quarter. Piper Sandler expects a weak 2025 for Lululemon stock.
1d
on MSN
Lululemon raises annual forecasts betting on robust holiday sales
Lululemon Athletica increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its ...
1d
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime chief product office Sun Choe.
21h
Lululemon Q3 2024 Earnings Update
While the overall market continues to hit All-time High almost every other day, Lulu has been battling the skeptics for much ...
12h
on MSN
Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
The stock was on track for its biggest one-day gain since Oct. 30 of 2008, when it rose 21.2%, according to Dow Jones Market ...
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