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The company saw the price of its U.S.-listed shares dip by over 3% on the day, while the bellwether S&P 500 index crept up to close 0.1% higher. A major surprise in France
The across-the-board sell-off in Chinese and China-exposed stocks like LVMH came on the heels of disappointing news regarding hoped-for Chinese stimulus measures. ... today's sell-off. LVMH's 5.6% ...
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As LVMH is a bellwether for the luxury industry, it bodes ill for other retailers. The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry ...
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