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19,220.62 -415.60 (-2.12%) FTSE 100
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69,846.80 +1,827.62 (+2.69%) CMC Crypto 200
1,524.87 +36.32 (+2.44%)
LOW Jan 2026 250.000 call
- Yahoo Finance Video
Wendy's, Target announce new deals to boost consumer spending
As consumer spending is under pressure while inflation remains sticky, more companies are looking for strategies to get customers back in their doors. Wendy's (WEN) announced a new $3 breakfast combo meal, which will debut on Monday. Meanwhile, Target (TGT) announced it will slash prices on five thousand items. Yahoo Finance's Seana Smith and Madison Mills discuss whether these measures will be successful among consumers looking to manage their budgets and cut back on spending. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Yahoo Finance Video
Ether ETF hopes, Macy's earnings, Nvidia: 3 Things
Stock futures (^DJI, ^GSPC, ^IXIC) are muted on Tuesday morning after the tech-heavy Nasdaq recorded a new record closing high on Monday. The moves are tied to AI optimism, as investors await Nvidia's first-quarter results (NVDA). First-quarter retail earnings from Macy's (M) and Lowe's (LOW) provided a fresh read on the state of the consumer. Macy's beat expectations as it weighs a future between a turnaround and a buyout. Lowe's beat on earnings and revenue even as consumers spent less on DIY projects. Ethereum (ETH-USD) and bitcoin (BTC-USD) are surging on renewed hopes of a new class of US exchange-traded funds (ETFs) tied to ether. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Gabriel Roy.
- Zacks
Lowe's (LOW) Q1 Earnings Top Estimates, Comps Decline 4.1% Y/Y
Lowe's (LOW) first-quarter fiscal 2024 results reflect a reduction in Do-It-Yourself discretionary spending. Comparable sales for the quarter decline 4.1%.
