What does Canaccord's Tony Dwyer, the most bullish strategist on Wall Street, make of Morgan Stanley's call for S&P 3,000 by 2020? With CNBC's Jackie DeAngelis and the Futures Now Traders.» Read More
WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.
WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but a rise in confidence among households in August to a seven-year high suggested the retrenchment was likely temporary.
WASHINGTON— U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. The University of Michigan said Friday its index of consumer sentiment rose to 82.5 from 81.8 in July. The Michigan index has fluctuated between 80 and 82.5 since December.
Discussing the earnings of retailer Big Lots and the state of the consumer, with Joe Feldman, Telsey Advisory Group analyst, and Patrick McKeever, MKM Partners analyst.
U.S. consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007.
Michael Barnes, Signet Jewelers CEO, discusses what's driving sales growth and reveals what categories are leading the way.
The bond trade used to be all about the Fed. But now the game has changed, say Jim Iuorio and Anthony Grisanti. With CNBC's Mandy Drury and the Futures Now Traders.
The master technician doesn't think much about some of the recent mega-bearish calls. With CNBC's Mandy Drury and the Futures Now Traders.
Master technician Ralph Acampora says stocks may correct a bit in the near-term, but the long-term picture looks great. With CNBC's Mandy Drury and the Futures Now Traders.
Despite strong stocks and a rising U.S. dollar, gold has held its own. Jeff Kilburg explains, with CNBC's Bertha Coombs and the Futures Now Traders.
Will S&P 2000 bring the retail money into the market? Howard Silverblatt doesn¿t think so. With CNBC's Bertha Coombs and the Futures Now Traders.
Howard Silverblatt of S&P Dow Jones Indices explains why the fundamentals of the market still look promising. With CNBC's Bertha Coombs and the Futures Now Traders.
CNBC's Rick Santelli discusses tax policy and today's robust consumer confidence number for the month of August.
WASHINGTON— U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. "Enthusiastic households are more likely to open their wallets in the coming months and support solid output growth in the second half of the year," said Gregory Daco, an economist at Oxford Economics.
Aug 26- U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the economy, according to a private sector report released on Tuesday.
CNBC's Rick Santelli breaks down the latest consumer confidence data.
WASHINGTON— The private Conference Board reports on consumer confidence for August at 10 a.m. Eastern Tuesday. The average price of a gallon of gas nationwide Monday was $3.44, the lowest in nearly six months, according to AAA. Confidence bottomed during the Great Recession in February 2009 at 25.3 before beginning its current upward swing.
WASHINGTON— Commerce Department releases durable goods for July, 8:30 a.m.. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for June and the second quarter, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for August, 10 a.m..
John Carey, EVP & Portfolio Manager at Pioneer Investments, says consumer stocks will likely benefit from improved consumer confidence and a better Christmas season ahead.
If everything's expensive, what's an investor -especially someone on a time crunch, like a worker looking to retire - to do? The Nobel laureate explains.