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Luxury stocks slide
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
Luxury stocks are on the slide again as China's stimulus plans disappoint
Luxury sector stocks are suffering as European markets react to China's economic uncertainty and lack of fresh stimulus information.
LVMH Drags Down Luxury Stocks. It's All About China.
Shares in LVMH Moët Hennessy Louis Vuitton were sliding on Wednesday after the French luxury goods maker warned that China's faltering economy is weighing on its sales numbers. In an earnings report posted after Tuesday's closing bell,
Morgan Stanley Stock Jumps
Morgan Stanley's stock surges toward a record after a big earnings beat
Morgan Stanley’s stock rallied 2.9% into record territory in recent premarket trading, after the bank and broker reported third-quarter earnings that were well above expectations. Net income rose to $3.
Stock Market Today: Dow Edges Up; Morgan Stanley Gains on Strong Earnings
Luxury stocks fall after Louis Vuitton owner LVMH's disappointing results
Morgan Stanley’s Bumper Earnings Powers Stock to Record High
The results cap off a series of earnings from big U.S. banks that showed investment banking businesses are humming again after high interest rates prompted an industry-wide slowdo
1d
on MSN
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is ...
16h
on MSN
European tech, luxury stocks tumble as ASML, LVMH results disappoint
Europe's STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...
stocknews
22h
3 Luxury Retail Stocks to Buy as High-End Spending Rebounds
The luxury retail industry’s robust growth is being fueled by the increasing dominance of high-net-worth individuals and ...
8d
on MSN
Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide
LVMH's Bernard Arnault and Kering's François Pinault took a hit to their vast fortunes as luxury stocks suffered on China ...
1d
AMERICAS Stocks stunned by ASML curveball, pound plunges
While banks and pharma firms dominate Wednesday's diary, reverberations from ASML's big miss knocked Wall Street (.SPX) back ...
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