Federal Reserve Announced Another Race Increase
Washington, D.C.: The Federal Reserve announced another interest rate increase of a quarter percentage. This is the 8th rate increase in a row.
Gap’s Stock Plummeted
After they reported lower sales expections for the quarter, Gap saw their stock plummet 18%.
Victoria Secret Shares Rose
Victoria Secret had a good earning forecast for the quarter which made their shares rise 1.3% in premarket trading.