S&P 500 news and archive

Hermès Birkin bag better investment than gold or stocks

London - Hermès Birkin bags are more valuable than gold or stocks, according to a recent study that found that in the last 35 years, the iconic French handbag has increased in value by more than 500 percent. In Baghunter’s study, the online handbag consignment marketplace compared three different types of popular investments: the S&P 500, gold...

Fashion

Apparel subsector outperforms larger S&P 500

S&P 500 profits are expected to grow around 5 percent against last year’s fourth quarter, slightly below the 9.3 percent gain predicted by analysts. In comparison, the apparel retail sub-sector of the S&P 500 is forecast to register a 28 percent year-over-year increase in fourth-quarter earnings, according to data from FactSet. As polled by...