S&P 500 Set for Weekly Decline as Capri Holdings Stock Drops on Blocked Merger

Reported about 1 month ago

The S&P 500 index is on track for its first weekly decline in seven weeks, with investors awaiting the earnings reports of major tech companies and October's jobs data. Capri Holdings' stock has sharply fallen after a judge blocked its $8.5 billion merger with Tapestry, the owner of Coach. Meanwhile, Apple has regained its position in the top five smartphone brands in the U.S.

Source: YAHOO

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