Nasdaq 100 Falls as Hot PCE Inflation Stirs Rate-Hike Bets: Stock Market Today

Shares of precious metals-related companies are trading lower amid gold and silver price declines following U.S. inflation, income and spending data that supported the case for a Fed rate hike in 2026.

BBWI Stock Jumps 7.5% on Q2 Earnings Beat, Fiscal 2026 Outlook Raised

Bath & Body Works (BBWI) exceeded Q2 earnings and sales expectations with adjusted EPS of 62 cents (vs. 24 cents consensus) and net sales of $1,514 million. The company returned to direct sales growth for the first time since 2021, benefiting from improved digital conversion and expanded distribution. BBWI raised its FY'26 adjusted EPS guidance to $2.60-$2.80 and free cash flow to $650 million, driving shares up 7.5%.

Baird Maintains Neutral on Bath & Body Works, Lowers Price Target to $23

Baird analyst Mark Altschwager maintains Bath & Body Works (NYSE:BBWI) with a Neutral and lowers the price target from $25 to $23.

Barclays Maintains Equal-Weight on Bath & Body Works, Lowers Price Target to $22

Barclays analyst Adrienne Yih maintains Bath & Body Works (NYSE:BBWI) with a Equal-Weight and lowers the price target from $23 to $22.

These Analysts Slash Their Forecasts On Bath & Body Works Following Q2 Results

Bath & Body Works (BBWI) reported strong Q2 results and raised its FY26 EPS guidance. Analysts have mixed opinions on the stock. BBWI shares fell 2.9%.

Boston Scientific Reports Global Disruption After Cybersecurity Incident

Boston Scientific reports a cyber incident disrupting global operations, limiting system access and affecting order processing and shipments.