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Tag: Tariff Impact

Tapestry Shares Plunge 16% as Tariffs Hit Profit Forecasts

Tapestry Shares Plunge 16% as Tariffs Hit Profit Forecasts

Tapestry Shares Plunge 16% as Tariffs Hit Profit Forecasts Tapestry, the parent company behind luxury brands Coach, Kate Spade, and Stuart Weitzman, experienced a significant stock decline today, with shares plummeting by nearly 16%. The sharp drop follows the company’s announcement that escalating tariffs are poised to negatively impact its profit margins, sparking investor concern over its financial outlook. 阅读中文版 (Read Chinese Version) Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your…

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Wall Street’s Ascent: S&P 500 Nears Record as Tariff Worries Dissipate and Tech Leads the Charge

Wall Street’s Ascent: S&P 500 Nears Record as Tariff Worries Dissipate and Tech Leads the Charge

Wall Street’s Ascent: S&P 500 Nears Record as Tariff Worries Dissipate and Tech Leads the Charge Wall Street is buzzing with optimism as the S&P 500 index teeters on the brink of an all-time record high, signaling a remarkable turnaround from its April lows. The broad market index surged by approximately 0.8% on Thursday, culminating in a 2.9% weekly gain and positioning it just shy of its late February intraday peak. The Nasdaq Composite also celebrated a robust 1% advance,…

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