Nasdaq Drops, Chip Stocks Crater As Bond Yields Bite: Stock Market Today
Fabrinet's margin miss triggered a brutal selloff across the stock market today, while $91 Brent kept equities under pressure
Read original at benzingaStocks · News reference
Tapestry shares are trading lower despite the company reporting better-than-expected Q4 financial result. The company issued FY27 sales guidance with its midpoint below estimates, and after announcing tariff rebates, a buyback and dividend increase, investors may be taking some profit after the stocks gained roughly 300% over the past two years.
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- Aug 13, 2026, 4:21 PM
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Read original at benzinga