Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors. US equities had rallied on Wednesday thanks to strong bank earnings and inflation data that provided a much-needed shot of relief to investors,

In equities, the Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 fell 12.57 points, or 0.21%, to 5,937.34 and the Nasdaq Composite fell 172.94 points, or 0.89%, to 19,338.29. In contrast, MSCI's gauge of stocks across the globe rose 1.31 points, or 0.15%, to 848.61.

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.

Early Thursday, both Bank of America and Morgan Stanley said profit more than doubled last quarter, boosted by Wall Street businesses ... robust sales update from Cartier owner Richemont.

Han Youngsoo chronicled the postwar transformation of mid-century Seoul, complicating popular depictions of that era as one solely of deprivation and hardship.

NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments suggested more interest rate cuts on the horizon.

The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of

Compensation consultancy Johnson Associates said in November that Wall Street firms are expected ... Retail & Consumercategory Cartier owner Richemont posts 10% jump in Q3 sales 6:46 AM UTC ...

Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions. The group said sales reached 6.2 billion euros ($6.

Richemont, the owner of Cartier jewellery, jumped 17 per cent ... gained 1.33 per cent and Japan’s benchmark Nikkei 225 added 0.3 per cent, while on Wall Street on Wednesday all three major indices registered their biggest daily percentage gains since ...