What Nordstrom, Abercrombie and Gap Say About Supply Chain Costs
Each company discussed different areas of logistics during their calls to Wall Street this week.
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Each company discussed different areas of logistics during their calls to Wall Street this week.
Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close.
Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close. The second half of Friday's session looked nothing like the first. This morning's price action was volatile thanks to Federal Reserve Chair Jerome Powell's speech at the central bank's annual economic symposium in Jackson Hole, Wyoming. Stocks climbed steadily higher throughout the afternoon, though, to end the week on a high note. All eyes were on Fed Chair Po
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Nordstrom execs cite progress in turnaround efforts in the second quarter report.