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Walmart and Starbucks are among the most overbought stocks facing a decline


Walmart and Starbucks are among the most overbought stocks facing a decline

Some stocks may see a pause or pullback after Wall Street bounced back this week following a global sell-off in early August. All three major averages are expected to finish the week higher, with more positive economic data this week fueling a recovery rally. The Nasdaq Composite should post the largest percentage gains of any […]

Restaurant CEOs focus on value to win back customers


Restaurant CEOs focus on value to win back customers

A sign advertises food specials at a McDonald’s restaurant in Burbank, California on July 22, 2024. Mario Tama | Restaurant CEOs have become obsessive about using the word “value” when explaining to investors why their sales declined this quarter, while also presenting plans for reviving customer traffic in the coming months. To McDonald’s During the […]

Stock market news from August 8, 2024


Stock market news from August 8, 2024

Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. Brendan McDermid | Reuters Stocks rose on Thursday after new jobs data boosted investor confidence in the U.S. economy following a sharp sell-off in markets earlier in the week. The S&P500 rose 2.3% to […]