Leon Cooperman is short the S&P 500 above 6,400, says market will be down next year

Foot Locker is expecting profits to be under pressure in fiscal 2025, indicating steep discounts are still present across the industry, especially at Nike.

The AI chipmaker is set to release results Wednesday after the market close, returning to the spotlight after a lengthy focus on the macroeconomic backdrop.

The broad market index ended Monday’s session at an all-time closing high.