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Jobs Report is Released, Banks Clear Stress Tests and Gap Sees February Sales Decline

July 26, 2023
in Trade Tube
Reading Time: 1 min read
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Wall Street prepares for the February employment report. San Francisco Federal Reserve Governor John Williams gives his thoughts on the economy. Today is the National Day of Unplugging, where people are being asked to put down their smartphones and reconnect with friends and family. 31 United States banks passed the latest version of the Federal Reserve Stress Tests. The banks were found to be able to withstand a deep downturn in the economy. Staples reports earnings today under the watchful eye of activist investor Starboard Value. Staples is in the middle of an attempt to buy Office Depot. Gap sees surprise sales decline.

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