S&P 500 Market Update: Lululemon Stock Drops Amid Consumer Caution

Reported about 22 hours ago

On June 6, the S&P 500 rose by 1%, buoyed by a stronger-than-expected jobs report, while shares of Lululemon plummeted 19.8% after the company adjusted its sales and profit outlook downward, citing weak consumer spending. Despite Lululemon's downturn, other major stocks, like Palantir and Tesla, saw gains due to positive market sentiment and business developments.

Source: YAHOO

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