Concerns about the world economy and the war in Ukraine were never far from the surface at this week’s Cannes Lions International Festival of Creativity, a normally annual ad festival in the South of France that had not met in since the Covid-19 pandemic person began. But that unease didn’t stop marketers, ad sellers and … Read more
Text size David L. Nemec / New York Stock Exchange The stock market gained Thursday as Federal Reserve Chairman Jerome Powell testified before Congress for a second day. Nothing he has said scared the market—for now. The Dow Jones Industrial Average gained 195 points, or 0.6%, while the S&P 500 rose 1% and the Nasdaq … Read more
Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read more
