What’s News in Markets: Beauty Spots, Bright Jeans, Disney Battle
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 6 April 2024
⏱️ 5 minutes
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| 0:00.0 | The less your business spends the more margin you keep. |
| 0:03.5 | Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform, |
| 0:09.5 | helping you reduce costs everywhere. |
| 0:12.0 | Now through April 15th, Net Suite is offering a one-of-a-kind flexible financing program. |
| 0:17.9 | So head to Net Suite.com slash Wall Street right now. Hey listeners, it's Saturday, April 6th. |
| 0:27.0 | I'm Francesca Fontana for the Wall Street Journal, and this is What's News and |
| 0:30.8 | Markets. |
| 0:31.8 | Our look at the biggest stock moves of the week |
| 0:33.8 | and the news that drove them. |
| 0:35.3 | All right, let's get to it. |
| 0:38.5 | Hey everybody, happy April. |
| 0:40.7 | We all know the saying, April showers bring May flowers which certainly rings true for all the rain we've been having here in Manhattan lately |
| 0:47.6 | And maybe this applies to the stock market too because there has been a bit of a gloomy start to the month |
| 0:53.0 | The three major indexes ended the week lower, |
| 0:55.2 | as inflation concerns continue to loom in investors' minds, |
| 0:58.6 | but there was a bright spot. |
| 1:00.3 | On Friday, a strong jobs report gave some assurance to Wall Street that inflation is cooling off. |
| 1:05.0 | And thanks to that, all three indexes, notch daily gains. |
| 1:09.0 | Let's start off with Beauty Stocks, which lost some of their glamour this week. |
| 1:16.0 | Ulta Beauty, which along with Sephiora is one of the mainstay cosmetic retail chains, |
| 1:21.0 | issued a disappointing outlook at an investor conference this week. |
| 1:24.1 | The company said that a decline in consumer spending is happening faster than it expected, |
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