Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as sales continued to fall.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for U.S. stocks.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about growing costs associated with building out more data centers.
