U.S. market indexes advanced after retailers reported stronger than expected results at the top and bottom end of the consumption. Macy's, Williams-Sonoma, Dollar General and Dollar Tree results reassured investors.
May 26

Dollar General, Dollar Tree, Macy's and Williams-Sonoma soared on stronger-than-expected quarterly results. Nutanix plunged after outlook disappointed. Nvidia revenues jumped but earnings declined. DG DLTR NTNX WSM TWTR
May 26

Dollar General's quarterly earnings declined as the company and its customers battled inflation and customers limit purchases to basic items. The deep discount retailer lifted annual sales growth outlook. DG
May 26

Williams Sonoma quarterly sales slowed but still ahead of expectations. Pottery Barn comparable sales increased 15% on top of 41% increase in the quarter a year ago. WSM
May 26

Broadcom agreed to acquire VMWare for $61 in a cash-and-stock deal and diversify its business from semiconductor chips to cloud infrastructure development. VMW AVGO
May 26

JetBlue took its offer directly to Spirit shareholders and hopes that the lowered $30 a share will convince shareholders to vote against a merger with the rival Frontier Group. JBLU SAVE ULCC AAL DAL
May 16

Initial weekly jobless claims fell to 210,000 in the week ending on May 21 from the unrevised level of 218,000 in the previous week.
May 26

U.S. economic growth in the first quarter of 2022 was revised lower by 0.1 percentage point reflecting lowered inventories investment and higher trade deficit partially offset by higher consumer spending. Wages and salaries in the fourth quarter of 2021 were revised higher.
May 26

India placed a temporary ban on unregulated wheat exports after the latest heat wave began affecting production and food price surged in recent months.
May 14

Elevated inflation in April was driven by not just the increase in food and energy prices but also stubborn price increases in health and education services.
May 14