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ASX:REA 7 February 2026 - 22 May 2026

ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

The ASX finished up, with miners stronger and Guzman y Gomez shares gaining after news of its U.S. exit. Sydney, May 22, 2026, 17:59 ASX finishes up, boosted by miners and Guzman y Gomez jump Australian stocks wrapped Friday up, with the S&P/ASX 200 closing 0.41% higher at 8,657 points. Gains in miners and a strong move in Guzman y Gomez helped the bourse pull back from a volatile week tied to oil, rates and war news. The Australian market is already closed for the day.
22 May 2026
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Stock Market Today

  • Specialty stores rise after Q1 beats; Best Buy (NYSE:BBY) jumps 21%, Bath & Body Works (NYSE:BBWI) up 24%
    July 3, 2026, 5:53 PM EDT. Specialty retailers topped Q1 revenue estimates by 1.3%, sending shares up an average 9.3%. Best Buy (NYSE:BBY) posted $8.94 billion revenue, also 1.3% over forecasts, and its stock soared 20.9% after results. But Best Buy's full-year EPS guidance landed just under what analysts expected. Bath & Body Works (NYSE:BBWI) led the group, jumping 23.7% after beating on revenue and EPS, even with sales off 3.2%. Looking ahead, the group gave a mixed read for Q2, trimming revenue guidance by 0.6%. These retailers are dealing with weak foot traffic and e-commerce competition by leaning on richer product lines and staff know-how.
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