Stocks slump on worries about higher oil prices, inflation and interest rates [Los Angeles Times (CA)]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Los Angeles Times
That and comments from the head of the Federal Reserve pushed Wall Street to see less chance of getting the lower interest rates that it loves. The S&P 500 fell 1.4% and flipped to a loss for the week so far. The Dow Jones Industrial Average dropped 768 points, or 1.6%, and the Nasdaq composite slid 1.5%. The losses deepened after the Fed decided to keep its main interest rate steady, instead of resuming cuts meant to give the job market and economy a boost. Fed officials are still penciling in one more cut by the end of 2026, but Chair Jerome Powell suggested those projections may be worth less than usual because of how much more uncertainty exists about inflation and the economy. “We just don't know,” Powell said about what will happen with oil prices, along with how long President Donald Trump's tariffs will take to work their way fully through the system. For oil, the price for a barrel of Brent crude has jumped from roughly $70 per barrel before the war to $107.38 on Wedn
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M
News
- Macy's Stock Looks Cheap, But May Not Be The Right Fit [Seeking Alpha]Seeking Alpha
- Macy's, Inc. (M) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Macy's outlines $21.4B–$21.65B 2026 revenue target while expanding reimagined store program and luxury focus [Seeking Alpha]Seeking Alpha
- Macy's Inc (M) Q4 2025 Earnings Call Highlights: Surpassing Expectations with Strong Sales and ... [Yahoo! Finance]Yahoo! Finance
- Macy's (M) had its price target lowered by JPMorgan Chase & Co. from $24.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
M
Earnings
- 3/18/26 - Beat
M
Sec Filings
- 3/18/26 - Form 8-K
- 3/3/26 - Form 4
- 2/27/26 - Form 8-K
- M's page on the SEC website