Like many other consumer discretionary retailers, Signet is feeling the pressure from consumers looking for deals and promotions. The past few years of food and housing inflation, along with the post-pandemic yearning for spending on experiences, have taken their toll on discretionary goods sales, such as jewelry.

Wall Street mostly rose Tuesday after encouraging inflation data despite Lilly’s drag. The post appeared first on TV News Check. The post Dow Gains 221, Nasdaq Slips 44, S&P 500 Adds 7 originally published on TV News Check.

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Tuesday. The Dow traded up 0.50% to 42,509.79 while the NASDAQ rose 0.25% to 19,135.49. The S&P 500 also rose,

The SP 500 rose 0.1% Tuesday, closing higher alongside a 0.5% gain in the Dow Jones Industrial Average, while the NASDAQ fell 0.2%. Choppy trading followed cooler-than-expected inflation data, which eased recent

Signet Jewelers shares tumbled after the retailer cut its quarterly outlook, prompted by a duller-than-expected holiday shopping season. Executives said consumers shifted to lower-priced gifts ...

Kay Jewelers, Zales and Jared parent ... 40.5% over the past three months, while the SPDR S&P Retail ETF XRT has gained 2.9% and the S&P 500 index SPX has eased 0.3%. -Tomi Kilgore This content ...

Signet Jewelers (SIG) is down -25.6%, or -$18.96 to $55.08. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot ...

Signet Jewelers (SIG) is down -16.9%, or -$12.49 to $61.55. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot ...

Shares of Signet Jewelers (NYSE: SIG) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter. It lowered its revenue forecast from $2.

Kay Jewelers, Zales and Jared parent ... past three months through Monday, while the SPDR S&P Retail ETF XRT has gained 2.8% and the S&P 500 index SPX has eased 0.4%.

Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check

Stubbornly high readings on inflation and a run of better-than-expected updates on the U.S. economy have sent Wall Street into a weekslong rut, pulling it further from the dozens of all-time highs set last year. The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.