Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors. US equities had rallied on Wednesday thanks to strong bank earnings and inflation data that provided a much-needed shot of relief to investors,

Traders are scrambling for protection early Monday, amid savage selling of technology shares. The CBOE VIX index, a measure of expected S&P 500 volatility that's known as Wall Street's fear gauge, is soaring more than 30% to just above 19,

NEW YORK (AP) — Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

Han Youngsoo chronicled the postwar transformation of mid-century Seoul, complicating popular depictions of that era as one solely of deprivation and hardship.

Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions. The group said sales reached 6.2 billion euros ($6.

Higher rates are dimming hopes for a recovery in the sluggish housing market. The central bank expects to be the first among major monetary authorities to unwind pandemic-era asset purchases. Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.

Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses. Bank of America CEO Brian Moynihan said the bank turned in a "strong" fourth quarter. The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.

NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments suggested more interest rate cuts on the horizon.

Luxury stocks rally globally amid signs of recovery in demand - Watches of Switzerland and Burberry’s share prices climbed after Cartier-owner Richemont posted booming sales.