Shares of Tapestry Inc TPR.N rose 2.7% after the luxury handbag maker said it expects revenue of $8 billion by fiscal year 2025. The gains followed a sharp sell-off that began in mid-August, triggered by concerns about the impact of tighter monetary policies and signs of an economic slowdown in Europe and China. Analysts said this week's market recovery was more related to previous overselling as uncertainty remained high about inflation and the Federal Reserve's aggressiveness in interest rate hikes.