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Business Highlights: Summer travel, auto sales slump

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:03:00

what they can get. this bill, about $60 for all of this. we got about 60 cents off. jose? the stock market is, boy, reeling. the s&p 500 posted the worst first half since nixon was president. what s going on? reporter: yeah, jose, this has been the worst first half of the markets in 50 years and inflation is the driving force. the s&p down 20% on the year so far. the tech focused nasdaq down 30% on the year so far. and a lot of this has to do with consumer spending and how people feel about the economy. the retailer kohl s has had a difficult day so far, by the way, drops about 20% so far this morning because it announced that it s bailing out on that planned sale of itself to franchise group which owns vitamin shop and other small retailers. the reason i m telling you all of this is because it s driven by inflation and what they say are volatile market conditions. and so you ve got kohl s and other major retailers also

Stocks turn higher, but still on pace for weekly losses

Stocks turn higher, but still on pace for weekly losses
startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.

Stocks edge mostly higher, still on pace for weekly losses

Stocks edged mostly higher on Wall Street Friday afternoon, regaining some ground after a downbeat start, though major indexes are on pace to finish in the red for the week.

Kohl s sale falls apart in shaky retail environment - Netscape Money & Business

Kohl s sale falls apart in shaky retail environment - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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