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RH News

Stock Market Today - 6/30: Stocks End Lower as Powell Warns of 'Pain' Required to Tame Inflation

Global central bankers aren't taking their foot from the rate hike pedal, even if its means near-term recession, and that has stocks facing their worst start to the year since 1970.

RH Stock Slumps After Cutting 2022 Sales Forecast As Consumer Demand Wanes

“With mortgage rates double last year’s levels ... our expectation is that demand will continue to slow throughout the year,” said CEO Gary Friedman

Stocks Futures Tumble, Inflation, RH, Xerox and Bitcoin In Focus - Five Things To Know

Stock futures slump as rate hike 'pain' tames bulls; PCE inflation easing may come with a price; RH shares tumble after cutting 2022 sales forecast; Xerox CEO John Visentin dies at 59 and Grayscale sues SEC after bitcoin ETF rejection.

Home Depot Makes Wells Fargo List of Favored Retail Stocks

The S&P Retail Select Industry Index has dropped 27% year to date. But Wells Fargo analysts see some opportunities.

Cramer's Mad Money Recap 5/11: Carvana, Rivian, Netflix

Jim Cramer says this market is ugly. It's painful. And it's likely not done yet.

Breaking News

Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat

"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.

Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns

Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.

Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks

"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.

General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.