The rotation away from tech continues

388

13 0

Published 2024-07-25

The S&P 500 and the Nasdaq are set to end their second consecutive week in the red as investors continue to move away from the major tech stocks. U.S. GDP data surprises to the upside in Q2, with the economy growing close to 3 per cent and business investment reaching its fastest pace in almost a year. In luxury news, French designer Hermes bucks the downturn in the sector, posting a 13 per cent sales surge in the second quarter. Ray-Ban maker Essilor Luxottica sees revenue jump by 5 per cent in Q2 despite slowing growth in North America. The company confirms that Facebook parent Meta may take a stake in the company.

See Privacy Policy at art19.com/privacy and California Privacy Notice at art19.com/privacy#do-not-sell-my-info.

All Comments (2)

@DG-hw8it 2 days ago

Next, do audio only with your TV broadcast...😂