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A number of stocks jumped in the afternoon session after April retail sales data showed consumer spending remained solid despite rising gas prices and inflation.
A number of stocks fell in the afternoon session after April CPI hit 3.8%, the highest reading in nearly three years, confirming that tariffs and oil would show up in store prices.
Tapestry beats Q3 earnings estimates and raises FY26 guidance. But shares fall 12% on tariff concerns and Kate Spade weakness.