Advertisement
Canada markets close in 54 minutes

  • S&P/TSX

    21,643.33
    -12.72 (-0.06%)
     

  • S&P 500

    5,013.20
    -9.01 (-0.18%)
     

  • DOW

    37,777.94
    +24.63 (+0.07%)
     

  • CAD/USD

    0.7262
    -0.0001 (-0.02%)
     

  • CRUDE OIL

    82.86
    +0.17 (+0.21%)
     

  • Bitcoin CAD

    87,190.14
    +2,905.44 (+3.45%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • GOLD FUTURES

    2,396.00
    +7.60 (+0.32%)
     

  • RUSSELL 2000

    1,942.90
    -5.05 (-0.26%)
     

  • 10-Yr Bond

    4.6450
    +0.0600 (+1.31%)
     

  • NASDAQ

    15,622.94
    -60.43 (-0.39%)
     

  • VOLATILITY

    18.16
    -0.05 (-0.27%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     

  • CAD/EUR

    0.6818
    +0.0016 (+0.24%)
     
MARKETS LIVE BLOG:

STOCKS WOBBLE WITH NETFLIX EARNINGS ON DECK

Gas prices: Why one U.S. region will see 'stiff increases' this week

Why Victoria’s Secret stock is down today

Yahoo Finance Video

Yahoo Finance's Brad Smith discusses Victoria's Secret sales and an analyst downgrade sending shares lower.

Video Transcript

[BLINK]

[MUSIC PLAYING]

BRAD SMITH: Victoria's Secret shares, they are trending this morning. They're moving lower by about 8% after the company reported an 8 and 1/2% decline in sales in the third quarter as it struggles to reach lower income brackets. The retail brand is also facing a downgrade from JP Morgan to neutral from overweight this morning, with the bank citing an increasingly cautious macroeconomic backdrop.