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Wall Street looks set to open higher |
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(Reuters) - U.S. stocks looked set to open higher on Wednesday, with the three major indexes on track to end the month higher, shrugging off the impact of a steep fall in oil prices. |
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Michael Kors gives weak forecast, to shut some stores |
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(Reuters) - Michael Kors Holdings Ltd gave a bleak full-year forecast and said it would shut more than 100 full-price retail stores in the next two years as the luxury fashion retailer struggles to turn around its brand. |
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Oil prices at three-week low as rising output risks OPEC-led deal |
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LONDON (Reuters) - Oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from an oilfield technical issue, fuelling concerns that OPEC-led output cuts to reduce global inventories were being undermined by producers outside the deal. |
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