Macy's, Inc.

The day's stock gains were the largest since 2023

Macy's shares soared 20%. The retailer reported its best sales growth in 12 quarters

Salesforce, Inc.

Broadcom Inc.

The U.S. Bureau of Labor Statistics employment report, which will be released this week, may remove the last doubts about the Fed's interest rate cut as early as September - if job growth remains weak, <a href="https://www.barrons.com/articles/jobs-inflation-salesforce-broadcom-macys-stocks-0aa838e0?mod=RTA#:~:text=The%20Bureau%20of%20Labor%20Statistics%E2%80%99%20jobs%20report%2C%20to%20be%20released%20on%20Friday%2C%20can%20all%20but%20make%20an%20interest%2Drate%20cut%20official%20at%20the%20Federal%20Open%20Market%20Committee%E2%80%99s%20next%20meeting%20if%20jobs%20growth%20continues%20to%20be%20weak.">writes</a> Barron's. Fed Chairman Jerome Powell called the current labor market <a href="https://www.federalreserve.gov/newsevents/speech/powell20250822a.htm#:~:text=it%20is%20a-,curious,-kind%20of%20balance">"curious" a</a> week and a half ago <a href="https://www.federalreserve.gov/newsevents/speech/powell20250822a.htm#:~:text=it%20is%20a-,curious,-kind%20of%20balance">, with</a> slow job growth and few layoffs at the same time. This is keeping unemployment low by historical standards.

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Macy's shares soared 20%. The retailer reported its best sales growth in 12 quarters

Salesforce, Broadcom and an important Fed report: what investors need to know this week