Tech Stocks Are Back in the Market’s Driver’s Seat

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Tech Stocks Are Back in the Market’s Driver’s Seat

Some familiar stocks have reclaimed their place at the top of the market’s leaderboard. The technology and consumer discretionary segments of the S&P 500 have propelled the broader market’s rally from its 2022 low in mid-June. That marks a reversal from much of the year when investors took shelter in utilities, consumer staples and healthcare … Read more

Sherwin-Williams Co. stock falls Tuesday, underperforms market

Shares of Sherwin-Williams Co. SHW, -3.38% slipped 3.38% to $232.36 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.42% falling 0.42% to 4,122.47 and Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 32,774.41. Sherwin-Williams Co. closed $121.79 below its 52-week high … Read more

Walmart considers Disney, Comcast, Paramount for streaming deal

Walmart Inc. is looking to add a large video streaming service to its Walmart+ membership program as the retailer amps up its competition with Amazon.com Inc., according to people familiar with the situation. Walmart WMT, +0.99% executives have held talks in recent weeks to discuss a streaming deal with executives at Walt Disney Co. HAZE, … Read more

Huge downtown San Jose housing project advances with real estate deal

SAN JOSE — A huge residential development that would bring several hundred homes to the downtown San Jose area has pushed ahead with a deal to buy a real estate site needed for the proposed apartment project. The developers of the project, located near the corner of Park Avenue and McEvoy Street next to the … Read more

Walmart Inc. stock rises Monday, outperforms market

Shares of Walmart Inc. wmt, +0.81% inched 0.81% higher to $127.61 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 32,832.54 and the S&P 500 Index SPX, -0.12% falling 0.12% to 4,140.06. This was the stock’s second consecutive … Read more

Amazon.com Inc. stock falls Monday, underperforms market

Shares of Amazon.com Inc. AMZN, -0.99% dropped 0.99% to $139.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 32,832.54 and the S&P 500 Index SPX, -0.12% falling 0.12% to 4,140.06. This was the stock’s second consecutive day … Read more

CVS Plans to Bid for Signify Health

CVS Health is seeking to buy Signify Health according to people familiar with the matter, as the drugstore and insurance giant looks to expand in home-health services. Signify Health is exploring strategic alternatives including a sale, The Wall Street Journal reported this past week. Initial bids are due this coming week and CVS is planning … Read more

This is the one part of the labor market where workers have less bargaining power

Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality is slowing down, said Nick Bunker, an economist at Indeed Hiring Lab. That means people working in those sectors probably have less … Read more