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.

Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.

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

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

Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with

Given the challenging environment, there have been clear winners and losers. Research and data firm Coresight Research tabulated 7,327 store closures last year, nearly 58% more than in 2023. And it also tracked 48 retail bankruptcies, including automobile dealers, in the U.S. last year, up from 25 in the previous year.

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Wall Street's Greatest Dividend Stock -- a Small-Cap Company 99% of Investors Have Never Heard of -- Is the Cheapest It's Been in Over a Decade

She turned down a high-profile offer from Goldman Sachs, faced a life-changing cancer diagnosis, and still built a thriving $82M startup. Stephany Kirkpatrick’s story is about bold decisions, resilience,

Allysia Finley is a member of the Journal's Editorial Board. Ms. Finley joined The Wall Street Journal in 2009 after graduating from Stanford University with a bachelor’s degree in American Studies.

MSCI's global equities gauge rose on Thursday, 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.

Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.