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...That leads to a more significant price gain,” said Tuorto, whose portfolio is dominated by stocks including Shake Shack and Wingstop, as well as retailers....
...Widodo, or Jokowi as he is popularly known in Indonesia, is a former furniture maker who grew up in a riverside shack in a Javanese village....
...Chart of the day The S&P 500 rose 3.1 per cent in July after closing up 0.2 per cent yesterday at 4,588.96....
...“Higher energy prices and the threat of a gas shortage are weighing on the economy,” said Ifo president Clemens Fuest, adding that the eurozone’s largest economy was “on the cusp” of a recession — defined...
...In the US, the S&P CoreLogic Case-Shiller National Home Price Index was up 19.8 per cent in the year ending February, even as mortgage rates reached their highest level since 2010 in April....
...Clemens Reuter, global head of ETFs at UBS AM, said that while the business had “definitely expanded” its ETF assets, clients were also “switching mandates to sustainable”....
...Companies such as Shake Shack, Bone Daddies and Chopstix have expanded their delivery services in recent weeks....
...The Shake Shack executives immediately returned the funds....
...The S&P 500, which fluctuated between modest losses and gains throughout the session, ended the day 0.1 per cent lower, hovering close to a record high....
...In the US burger chain Shake Shack was shamed into returning a $10m federal loan that was expected to help mom-and-pop small businesses....
...Cheesecake Factory added 1.5 per cent to $45.93, Shake Shack gained 1.2 per cent to $38.16 and Wendy’s climbed 2.7 per cent to $14.07....
...Meanwhile, the S&P 500 and the Nasdaq Composite were up 0.1 per cent to 2,390.93 and 6,080.11, respectively....
...The advance in Monster Beverage shares came as the broader S&P 500 slipped from record levels....
...By contrast, shares in McDonald’s and Shake Shack have risen only 10.6 per cent and 6 per cent, respectively, over the same period....
...Less than 24 hours before the Federal Reserve announces its decision on interest rates, the Dow Jones Industrial Average ended 0.4 per cent higher at 21,328.5, and the S&P 500 rose 0.5 per cent to 2,440.3...
...Behind the till at A&P’s Gift World, Amelia Knipe, bare-armed and motherly, laughed with her customers while I fingered colouring books and tins of spaghetti hoops....
...The S&P 500 rose 0.2 per cent to 2,167.48, while the Nasdaq Composite fell 0.8 per cent to 5,208.80....
...Shake Shack climbed 2.5 per cent to $35.75 after analysts at Longbow Research upgraded the stock from “neutral” to “buy” with a price target of $46....
...The weakness in the airline sector came on a lacklustre day for the wider US stock market, with the S&P 500 dropping 1.1 per cent to 1,979.26....
...The S&P 500 gained 0.1 per cent to 2,124.20, while the Dow Jones Industrial Average rose 0.1 per cent to 18,144.07....
...Shares in Chipotle have fallen 3 per cent this year, while shares of competitor Shake Shack has shrunk 8 per cent and McDonald’s shares are up 9 per cent....
...After lifting its full-year sales outlook, shares of Shake Shack ended 4 per cent lower at $65.50 after the momentum stock initially climbed as much as 13 per cent....
...The S&P 500 rose 0.9 per cent to 2,013.43, closing above 2,000 for the first time since August 20, while the Dow Jones Industrial Average gained 0.8 per cent to 17,050.75....
...Chicken wing restaurant chain, Wingstop, experienced the biggest opening-trade pop in June, rising nearly 61 per cent, but that was half of the 124 per cent gain seen in Shake Shack shares, when they started...
...In after-hours results, Shake Shack saw shares rise over 7 per cent on strong results, Tripadviser shares slipped a similar amount on an earnings miss and Disney saw shares fall nearly 2 per cent when sales...
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