Stocks rose Wednesday as expectations for Federal Reserve interest-rate cuts increased. Stitch Fix rose 29%. Not only did the personal styling company’s quarterly earnings come in stronger than expected, management raised its financial guidance for the fiscal year. Read More...
Apple Stock Is on a Tear
Apple shares are no longer in the doldrums. The iPhone maker’s stock is up for an eighth consecutive trading day, its longest winning streak since March 2022, according to Dow Jones Market Data. The advance has Apple on pace to close with a market value above $3 trillion for the first time since January.
The Wall Street Journal•
