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S&P 500 ends little changed in volatile session

S&P 500 ends little changed in volatile session

The Star2 days ago

The Dow rose 54.34 points, or 0.13%, to 42,270.07. The S&P 500 lost 0.48 points, or 0.01%, at 5,911.69 and the Nasdaq fell 62.11 points, or 0.32%, to 19,113.77.

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DXL, Now Open In Boca Raton: Clothes That Actually Fit Big + Tall Men Shouldn't Be A Crazy Idea, Right?
DXL, Now Open In Boca Raton: Clothes That Actually Fit Big + Tall Men Shouldn't Be A Crazy Idea, Right?

Malaysian Reserve

timea day ago

  • Malaysian Reserve

DXL, Now Open In Boca Raton: Clothes That Actually Fit Big + Tall Men Shouldn't Be A Crazy Idea, Right?

BOCA RATON, Fla., May 31, 2025 /PRNewswire/ — Destination XL Group, Inc. (Nasdaq: DXLG), the leading integrated-commerce retailer specializing in Big + Tall men's clothing and shoes, announces the grand opening of its latest store in Boca Raton, FL, located in Towne Plaza at 2301 Glades Road. This marks DXL's fifth new store opening of the fiscal year. After decades of designing, creating and offering high-quality clothes that truly fit Big + Tall men, DXL's dedication to an underserved market has only grown. The new Boca Raton location offers a superior shopping experience, featuring styles only found at DXL and, more importantly, sized to actually fit the Big + Tall guy perfectly. The store showcases all of the brands guests love, including Polo Ralph Lauren®, Reebok®, Nautica®, vineyard vines®, Columbia®, Tommy Bahama®, and more. The store also includes DXL's new proprietary FiTMAPSM Sizing Technology, an innovative digital scanning technology that takes each guest's unique measurements. With this information, shoppers can find custom clothing options and get accurate size recommendations across many of DXL's brands for a perfect fit every time. 'We are excited to extend our reach to the greater Boca Raton area, offering more options, convenience, and a straightforward shopping experience to our Big + Tall customers,' said Harvey Kanter, President and Chief Executive Officer of DXL. 'The Boca Raton DXL is not just a new store; it provides men with fashion that fits comfortably and looks great. Our mission is to ensure every Big + Tall guy can wear what he wants.' The Boca Raton store opened on May 31, 2025. About Destination XL GroupDestination XL Group, Inc. is the leading retailer of Men's Big + Tall apparel that provides the Big + Tall man the freedom to choose his own style. Subsidiaries of Destination XL Group, Inc. operate DXL Big + Tall retail and outlet stores and Casual Male XL retail and outlet stores throughout the United States, and an e-commerce website, and mobile app, which offer a multi-channel solution similar to the DXL store experience with the most extensive selection of online products available anywhere for Big + Tall men. The Company is headquartered in Canton, Massachusetts, and its common stock is listed on the Nasdaq Global Market under the symbol 'DXLG.' For more information, please visit the Company's investor relations website:

How Markets Worldwide Closed On Friday
How Markets Worldwide Closed On Friday

BusinessToday

timea day ago

  • BusinessToday

How Markets Worldwide Closed On Friday

Stock markets worldwide closed with mixed results on Friday, reflecting investor uncertainty amid ongoing economic developments. Asian Markets Asian indices showed varied performances. The Shanghai Composite Index closed at 3,347.49 points, down 0.47%. The Shenzhen Component Index ended at 10,040.62 points, dropping 0.85%. Hong Kong's Hang Seng Index fell 1.2% to 23,289 points. Australia's S&P/ASX 200 Index finished at 8,434.7 points, gaining 0.3%. Japan's Nikkei 225 declined 1.22% to 37,965.10 points. Singapore's Straits Times Index retreated 0.6% to 3,894.6 points. South Korea's KOSPI Index closed at 2,720.64 points, rising 1.89%. Malaysia's KLCI ended lower at 1,508 points. United States Markets Wall Street saw a mixed session. The S&P 500 Index closed at 5,911.69 points, down 0.01%. The Dow Jones Industrial Average gained 0.13%, closing at 42,270.07 points. The Nasdaq Composite Index dropped 0.32%, ending at 19,113.77 points European Markets European indices mostly ended higher. Germany's DAX Index rose 0.27% to 23,997.48 points. The FTSE 100 Index in the UK climbed 0.64% to 8,772.38 points. France's CAC 40 dipped 0.36%, closing at 7,751.89 points. Market Sentiment Investors remain cautious amid global economic uncertainties, including inflation concerns and geopolitical tensions. Analysts suggest that volatility may persist as markets react to upcoming economic data and central bank decisions. Related

Stocks unsettled after Trump accuses China of trade deal breach
Stocks unsettled after Trump accuses China of trade deal breach

New Straits Times

time2 days ago

  • New Straits Times

Stocks unsettled after Trump accuses China of trade deal breach

NEW YORK: Global stocks finished mixed on Friday after President Donald Trump put US-China trade tensions back on the boil by claiming Beijing had "totally violated" an agreement with Washington. His social media post came hours after US Treasury Secretary Scott Bessent said trade talks with China aimed at putting to bed sky-high mutual tariffs – currently suspended – were "a bit stalled." The development risks renewed trade tensions between the world's two biggest economies. On Wall Street, the Dow Jones Industrial Average closed higher, while the S&P 500 index was flat, and the tech-focused Nasdaq Composite fell 0.3 per cent. "If it weren't for the trade war, the market would be feeling pretty good," said Tom Cahill of Ventura Wealth Management. "Inflation is definitely moving in the right direction," he added, referencing the Federal Reserve's favoured inflation gauge, which cooled more than expected last month, according to fresh data published Friday. In Europe, London and Germany's major indices ended higher, while France's CAC40 closed lower, following declines in Asian markets earlier in the day. "If President Trump does slap tariffs back on Chinese imports to the US... we may see demand for US assets, and the dollar, severely impaired by a chaotic and undiplomatic approach to trade policy," said Kathleen Brooks, research director at XTB. Despite rumbling concerns about the US-China economic relationship, the markets were little changed by Trump's criticism on social media, with investors appearing to be largely inured to the US president's now-familiar cycle of making dramatic trade threats and then retreating. Investors, traders and analysts instead focused on the Commerce Department's personal consumption expenditures (PCE) price index data, which rose 2.1 per cent in the 12 months to April – cooling slightly more than expected. Despite the good news for the Fed, which is looking to bring inflation down to its long-term target of two per cent, analysts warned that the fuller inflationary effects of Trump's tariffs were yet to come, and could cause the Fed to maintain its watch-and-wait stance. "The true weight of these policies is likely to emerge more fully in the months ahead," said market analyst Fawad Razaqzada. Investors were also assessing the impact of a US court ruling that invalidated most of Trump's sweeping tariffs – though an appeals court suspended that order and the White House vowed that its tariffs goals would be pursued one way or another. The result leaves Trump's tariff plans in something of "a legal limbo" said Stephen Innes, of SPI Asset Management, adding that this sort of legal impasse was "the kind that keeps traders awake at night." In the eurozone, interest rates were in focus after official data showed inflation hovering around the European Central Bank's two-per cent target. Consumer prices in top EU economy Germany showed a 2.1 per cent rise in May – the same as the previous month – while they fell to 1.9 per cent in Spain, and to 1.7 per cent in Italy. The ECB looks set to lower interest rates again on Thursday. The dollar gained against major currencies, while oil prices were down ahead of a Saturday meeting of eight key OPEC+ members to decide production quotas for July, with some analysts predicting that the cartel could make a larger-than-expected supply hike. New York - Dow: UP 0.1 per cent at 42,270.07 points (close) New York - S&P 500: DOWN less than 0.1 per cent at 5,911.69 (close) New York - Nasdaq Composite: DOWN 0.3 per cent at 19,113.77 (close) London - FTSE 100: UP 0.6 per cent at 8,772.38 (close) Paris - CAC 40: DOWN 0.4 per cent at 7,751.89 (close) Frankfurt - DAX: UP 0.3 per cent at 23,997.48 (close) Tokyo - Nikkei 225: DOWN 1.2 per cent at 37,965.10 (close) Hong Kong - Hang Seng Index: DOWN 1.2 per cent at 23,289.77 (close) Shanghai - Composite: DOWN 0.5 per cent at 3,347.49 (close) Euro/dollar: DOWN at US$1.1349 from US$1.1368 on Thursday Pound/dollar: DOWN at US$1.3463 from US$1.3494 Dollar/yen: DOWN at 143.97 yen from 144.19 yen Euro/pound: UP at 84.30 pence from 84.22 pence

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