Stocks Slip On Wall Street, Erasing Weekly Gains For S&P 500

Stocks Slip On Wall Street, Erasing Weekly Gains For S&P 500

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Business

University

Hard

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The video provides a live update on Wall Street, highlighting a slump in stocks with the Dow down 250 points. Target reports a significant drop in profits, attributing it to markdowns on unwanted merchandise, but anticipates a rebound. Revlon's stock sees a 17% surge following Morgan Stanley's increased stake, despite the company's recent bankruptcy declaration. American Airlines plans to purchase supersonic jets, with flights expected by 2029, offering rapid transatlantic travel.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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