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100-year-old sandwich chain closes locations, no bankruptcy
Yahoo Finance· 2026-02-20 17:47
The fast-food sandwich sector has battled economic issues over the last year, leading franchisees to close locations and, in some cases, file for bankruptcy protection. Rising costs of labor and products driven by inflation and increased tariffs are among the economic issues sandwich chains have faced. Tariffs in 2025 increased the costs of essential sandwich shop products, such as imported cheeses, olive oil, seafood, and aluminum canned beverages, according to data provider IBISWorld. Wholesale food ...
Dow Jones crashes today: why is Dow down today despite the tariff ruling? S&P 500 and Nasdaq outperform on tech rebound
The Economic Times· 2026-02-20 17:32
Dow Jones crashes today: The Dow Jones Industrial Average fell 104.34 points to 49,290.82 on Friday, even as the broader market held firm after a landmark U.S. S&P 500 rose 0.15% to 6,871.97 and the Nasdaq Composite gained 0.41% to 22,776.33. The split performance reflects a market digesting major policy, economic, and corporate developments at once. The Supreme Court struck down most of President Donald Trump’s sweeping tariff policy under the International Emergency Economic Powers Act, ruling that the la ...
Should You Add More U.K. ETFs to Your Portfolio Now?
ZACKS· 2026-02-20 17:01
Key Takeaways FTSE 100 is outperforming the S&P 500 in 2026 and has gained 22.75% over the past year.Inflation cools to 3.0%, boosting BoE rate cut hopes in March.ETFs like EWU and FLGB give investors exposure to the U.K.The FTSE 100 kicked off 2026 on a strong note, building steady upward momentum. U.K.’s benchmark index has risen 7.69% so far this year and 22.75% over the past year, outperforming its transatlantic peer. In contrast, the S&P 500 is slightly in negative territory so far this year, down abou ...
Stock Market Today: Stocks Jump on Supreme Court Tariff Ruling; GDP, Inflation Data in Focus
Investopedia· 2026-02-20 17:00
The major stock indexes ticked lower in premarket trading on Friday amid the release of slew of economic reports that will factor into the Federal Reserve's interest rate call next month. Futures contracts connected to the Dow Jones Industrial Average were down 0.2% in recent trading, as were S&P 500 futures. Nasdaq 100 futures slipped 0.3%. Stocks declined yesterday as oil prices climbed to a six-month high amid a major U.S. military build-up in the Middle East aimed at forcing a nuclear deal with Iran. ...
Stocks Rebound as Supreme Court Strikes Down President Trump’s Tariffs
Yahoo Finance· 2026-02-20 16:25
The University of Michigan US Feb consumer sentiment index was revised lower by -0.7 to 56.6, weaker than expectations of no change at 57.3.US Dec new home sales fell -1.7% to 745,000, better than expectations of 730,000.The US Feb S&P manufacturing PMI fell -1.2 to 51.2, weaker than expectations of no change at 52.4.The US Dec core PCE price index (the Fed's preferred inflation gauge) rose +0.4% m/m and +3.0% y/y, stronger than expectations of +0.3% m/m and +2.9% y/y.US Dec personal spending rose +0.4% m/m ...
Dow Jones, S&P 500, Nasdaq rebound after Supreme Court strikes down Trump tariffs – why US stock market is rallying today despite weak GDP data
The Economic Times· 2026-02-20 16:24
Dow Jones, S&P 500, Nasdaq gains after Supreme Court tariff ruling: Stocks edged higher Friday after the Supreme Court ruled against US president Donald Trump’s sweeping tariffs, giving a lift to retailers and other companies that had struggled with rising import and manufacturing costs tied to the duties.Dow Jones Climbs After Supreme Court Tariff Ruling - DJIA Today Recovers From Early Losses After Economic Data MissThe Dow Jones Industrial Average rose 93.81 points, or 0.2%, recovering from an earlier 20 ...
Nasdaq leads Wall Street higher as Supreme Court rules Trump's tariffs are unlawful
Yahoo Finance· 2026-02-20 21:11
Nasdaq leads Wall Street higher as Supreme Court rules Trump's tariffs are unlawful Proactive uses images sourced from Shutterstock 4:11pm: Tariff relief US stocks finished Friday’s session higher as investors welcomed the news that the Supreme Court ruled Trump’s tariffs on its trade partners are unlawful. The Nasdaq led the gains, up 0.9% at 22,886 points. The S&P 500 was up 0.7% at 6,909 points and the Dow Jones added 0.5% at 49,625 points. 2:30pm: Trump threatens more tariffs President Trump respo ...
Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’
Insurance Journal· 2026-02-20 14:49
The co-founder of Fermat Capital Management says the market for catastrophe bonds is drawing in new issuers at a rate that’s unlike anything he’s seen before.John Seo, managing director and co-founder of Connecticut-based Fermat — a hedge fund manager specialized in cat bonds — says he’s aware of 16 new issuers coming to market in 2025. That’s as much as eight times the historical average for first-time issuers, Seo said. He expects cat bond sales of about $24 billion this year, testing last year’s record. ...
Core CPE & GDP Throw Wrench into Economic Picture
Youtube· 2026-02-20 14:30
But now here to help us set up the trading day, I'd like to welcome in Kevin Hanks for our pre-bell playbook. And so Kevin, we've gotten some important economic data this morning. I mean GDP rose just 1.4% pretty wide miss.Well, we also saw at the same time inflation actually holding pretty firm. So I mean right now how do you make of what do you make of this conflicting data and what does this mean for overall just the Fed. >> Good morning Jen.You know I think two things. We got two very big numbers today. ...
US GDP Growth Sharply Slows To 1.4% In Q4, Fed's Favorite Inflation Rate Unexpectedly Rises (UPDATED) - Meta Platforms (NASDAQ:META), NVIDIA (NASDAQ:NVDA)
Benzinga· 2026-02-20 14:15
Editor’s note: This story was updated to add details, context.U.S. gross domestic product grew at an annualized rate of 1.4% in the fourth quarter of 2025, according to advance estimates released Friday by the Bureau of Economic Analysis.The figure marks a sharp slowdown from the prior quarter's 4.4% expansion pace and came in sharply below economists' expectations for 3% growth.In a separate release, the Personal Consumption Expenditures (PCE) price index inched up from 2.8% year-over-year in November to 2 ...