Victoria's Secret (VSCO) Stock Is Up, What You Need To Know
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) jumped 3.1% in the afternoon session after a tame inflation report boosted investor hopes for an interest rate cut from the Federal Reserve. The latest Consumer Price Index data showed the annual inflation rate held steady at 2.7%, reassuring investors who had feared that tariffs could lead to a spike in consumer prices. This milder-than-expected reading gives the Federal Reserve more flexibility to consider lowering intere