Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

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%.

Analysts fell to the sidelines weighing in on Compagnie Financiere Richemont SA (CH:CFR – Research Report), Taylor Wimpey (GB:TW – Research

European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak Chinese demand.

Despite Chinese sales dropping 18%, Richemont reports 10% increase The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as ...

Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...

While it won't make you a billionaire overnight, following these 5 principles can lead to better long-term investments.

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Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from Citigroup.

In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent the Republican Party to his will, pushed the Democratic Party aside and exerted influence on the bureaucracy, the judiciary, corporations, the news media and other power bases.