Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Consumer Cos Up On Stimulus Hopes -- Consumer Roundup

11/05/2020 | 05:24pm EST

Shares of retailers and other consumer companies rose as the Federal Reserve indicated there could be more rounds of monetary and fiscal stimulus on the way.

Weekly initial claims for jobless benefits fell by 7,000 to a seasonally adjusted 751,000 in the week ended Oct. 31, the lowest level since mid-March but nevertheless extremely elevated on a long-term chart, according to the latest tally from the Labor Department.

Hanesbrands shares fell sharply as the underwear brand forecast growth short of estimates.

In what was seen as a bet on a revival in car travel, investment firm Apollo Global Management led a $4 billion financing of Hertz Global Holdings, aimed at refurbishing its aging vehicle fleet as domestic rental-car demand rebounds.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

11-05-20 1723ET

Stocks mentioned in the article
ChangeLast1st jan.
APOLLO GLOBAL MANAGEMENT, INC. -0.54% 47.95 Delayed Quote.-2.10%
HANESBRANDS INC. -0.51% 15.72 Delayed Quote.7.82%
HERTZ GLOBAL HOLDINGS, INC. 0.00%End-of-day quote.0.00%
Latest news "Economy & Forex"
12:53pCorrection to China's Recovery Article
DJ
12:45pBOX OFFICE : Liam Neeson's 'The Marksman' Ends 'Wonder Woman 1984' Reign
RE
12:22pEskom to resume power cuts in South Africa on Monday
RE
11:46aALIMENTATION COUCHE TARD : Canadian minister assures businesses of support after failed Couche-Tard and Carrefour talks
RE
11:05aCOVID : Uk data shows total 3,857,266 first doses of covid-19 vaccine administered (3,559,179 on saturday)
RE
11:05aCOVID : Uk records 671 new deaths on sunday (1,295 on saturday)
RE
11:04aCOVID : Uk records 38,598 new cases on sunday (41,346 on saturday)
RE
08:43aFrance may demand COVID-19 test from Irish truck drivers - Irish minister
RE
08:36aIsrael economy likely to grow 4.6% in 2021, says finance ministry
RE
07:50aGerman minister says COVID curbs should be eased for vaccinated people
RE
Latest news "Economy & Forex"