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Reuters BusinessAug 23, 2019
Stocks, dollar climb before Powell's Jackson Hole speech
World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.

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GLOBAL MARKETS-Stocks, dollar climb before Powell's Jackson Hole speech (Reuters Company News)
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Reuters Company NewsAug 23, 2019
UPDATE 1-European shares grind higher ahead of Powell speech
* London markets closed on Monday (For a live blog on European stocks, type LIVE/ in an Eikon news window)

MarketWatchAug 23, 2019
Europe Markets: European stocks rise ahead of Powell speech on interest rates
European stocks rose on Friday ahead of a pivotal speech on the future of U.S. interest rates.

Google Business NewsAug 23, 2019
US futures point to higher open ahead of Powell's speech - CNBC
US futures point to higher open ahead of Powell's speech  CNBCInvestors hope Powell's speech offers clarity on rate direction. Will it?  South China Morning PostFed's Powell will find it hard not to rock markets with his comments Friday  CNBCAs Jackson Hole Starts, Emerging Markets Lose Faith in the Fed  BloombergOpinion: Surprise! Trump gets something else wrong about the Fed  Los Angeles TimesView full coverage on Google News

Google Business NewsAug 22, 2019
Stocks making the biggest moves after hours: Gap, Salesforce, Intuit - CNBC
Stocks making the biggest moves after hours: Gap, Salesforce, Intuit  CNBCSee which stocks are posting big moves after the bell.



Reuters Company NewsAug 22, 2019
US STOCKS-S&P 500 stalls in economic data offset, ahead of Fed chair's speech
* Boeing rises; Reuters reports move to increase 737 MAX production

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15 Large-Cap Stocks Betting Big on M&A (Kiplinger)

MarketWatch MarketPulseAug 22, 2019
Gap stock falls after company's Q2 same-store sales fall
Shares of Gap Inc. fell 7% in the extended session Thursday after the retailer reported adjusted profit above expectations but same-store sales disappointed. Gap said it earned $168 million, or 44 cents a share, in the quarter, compared with $297 million, or 76 cents a share, in the year-ago quarter. Adjusted for one-time items, Gap said it earned 63 cents a share. Sales fell to $4 billion, from $4.09 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 53 cents a share on sales of $4.02 billion. Same-store sales were down 4% in the quarter, compared with a 2% increase a year ago. Gap also updated its EPS guidance for the year, saying it expects adjusted profit to range between $2.05 a share and $2.15 a share. The analysts surveyed by FactSet expect adjusted EPS of $2.06 for the year. "We are operating in a challenging environment, but I remain confident in the strength of our brands and our plans for the future as we work to launch two independent, public companies," Chief Executive Art Peck said in a statement. Gap continues to expect to close about 30 company-operated stores in the year. The stock ended the regular trading session up 4.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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