S&P 500 Gains and Losses Today: Amcor Slides After Packaging Firm's Sales Miss
AMCRAmcor(AMCR) Investopedia·2024-08-17 05:40

Key TakeawaysThe S&P 500 added 0.2% on Friday, Aug. 16, closing out a strong week and completing its recovery from a selloff at the beginning of the month.Strong demand from the Coach brand helped luxury goods firm Tapestry top quarterly estimates, and its shares moved higher.Amcor stock lost ground as soft demand trends contributed to a sales shortfall for the global packaging provider. Major U.S. equities indexes edged slightly higher to wrap up a winning week for U.S. stocks. The S&P 500, Nasdaq, and Dow ...