S&P 500 poised for weekly drop, Capri Holdings stock plummets on blocked Tapestry merger: Yahoo Finance
The S&P 500 (^GSPC) is poised for its first weekly drop in seven weeks as investors brace for “Magnificent Seven” earnings and October’s jobs report ahead. Shares of Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, are plunging after a US judge blocked its pending $8.5 billion merger with Coach owner…