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Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Sets New 12-Month High at $182 31

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $182.31 and last traded at $182.06, with a volume of 2981924 shares traded. The stock had previously closed at $178.64. Consumer Discretionary Select Sector SPDR Fund Stock Up […]

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Special Report Preview: Local construction company accused of collecting hundreds of thousands of dollars from customers

SPOKANE COUNTY, Wash. — A local construction company is accused of collecting hundreds of thousands of dollars from customers, without completing their projects.

Jordan smithSpecial reportJordan smith

Nike to lay off more than 1,600 employees to cut costs: report

Nike Inc. is reportedly looking to cut more than 1,600 jobs, as part of its plan to cut costs so it can create capacity to boost profitability and innovation.

Nike incWall street journalThrough thursdayFinancial officerConsumer discretionary select sectorDow jones industrial averageArticle normalSporting facilities venuesClothing textilesConsumer productsLeisure arts hospitalityFinancial performanceFunding capitalCapacity facilitiesLabor personnel issuesCorporate actions

Nike to lay off nearly 1,700 employees to right-size the company

Nike Inc. to cut 2% of its workforce as part of its plan to cut costs in order to spend more to boost profitability and innovation.

Nike incThrough thursdayFinancial officerConsumer discretionary select sectorDow jones industrial averageArticle normalRetail wholesaleSpecialty retailingSporting goods retailingSporting facilities venuesClothing textilesConsumer productsLeisure arts hospitalityLeisure travel goodsSports footwearSports goods

Buy These Cyclical Stocks Inflation Is Still on Its Way Down

Cyclical companies could get a boost if the consumer price index for February, to be released next month, is lower than expected.

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