Wall Street's Momentum Cools After Record-Setting Day =============== #9f0b8017 ver:0.7 Global markets rise following Wall Street's record-breaking performance, but Wall Street's momentum cools after setting another all-time high. Retailers struggle as inflation hurts lower-income customers. Job market softens as more workers apply for unemployment benefits. Lululemon and J.M. Smucker report better-than-expected profits. Robinhood agrees to buy Bitstamp. GameStop's stock soars. Treasury yields hold steady. European Central Bank cuts interest rates. US stocks hold steady as traders hope for a slowdown to drive inflation lower. #WallStreet #markets #inflation #jobmarket #retailers #profits #Bitstamp #GameStop #Treasury #ECB #interestrates... #newstr #WallStreet #RecordsettingDay #S&p500 #DowJonesIndustrialAverage #Nasdaq #Retailers #Nvidia #EuropeanStocks #Inflation #JobMarket https://here.news/story/9f0b8017?ver=0.7