Wall Street Rallies on Rate Expectations While Victoria’s Secret Misses Targets

U.S. equities posted strong gains as investors priced in potential Federal Reserve interest rate cuts, though gains were tempered by disappointing earnings from Victoria’s Secret. The retailer reported robust sales but failed to meet broader investor growth projections.

3 Sept, 14:32 — 3 Sept, 14:32

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marketwatchMostly Factual12h ago

Victoria’s Secret sees strong ‘bras and Pink’ sales, but not enough to satisfy investors

The company delivered sales near the high end of its forecasted range, but Wall Street was expecting more, and the stock is headed for its worst day in more than a year.

By Tomi Kilgore

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First report: marketwatch · 3 Sept, 14:32|Full coverage: 2 · 7h|Window: 7h

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marketwatch3 Sept, 14:32First to report

Victoria’s Secret sees strong ‘bras and Pink’ sales, but not enough to satisfy investors

7h later

iefimerida3 Sept, 21:15Latest update

Wall Street Rallies on Rate Expectations While Victoria’s Secret Misses Targets

Sources

Victoria’s Secret sees strong ‘bras and Pink’ sales, but not enough to satisfy investors

Coverage Timeline

Victoria’s Secret sees strong ‘bras and Pink’ sales, but not enough to satisfy investors

Wall Street: Ισχυρή άνοδος με φόντο τις προσδοκίες για τα επιτόκια της Fed

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