Investors are searching for signals the central bank will ease the pace of future interest rate hikes.
Brendan McDermid | Reuters
Shares of Nordstrom fell more than 8% in extended trading after the department store chain cut its forecast. However, Nordstrom beat profit and sales expectations in its latest results, according to consensus expectations on Refinitiv. "Investor psychology remaining optimistic is driving the rally in this market," Eugene Profit, CEO at Profit Investments, said Tuesday on CNBC's "Closing Bell: Overtime."
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