Stocks slipped Friday, but ended off their earlier lows, amid disappointment in the July jobs report. Still, stocks managed to finish solidly higher for the week.
Stocks were sharply lower Friday after a second straight drop in payrolls increased expectations of a slow economic recovery. Financials led the decline. Kraft rose.
S&P futures initially dropped about 10 points following a very poor non-farm payrolls report. July payrolls fell 131,000, more than double the 60,000 decline expected by economists. Government job losses were particularly notable. The key reading of private sector jobs also disappointed the Street (gain of 71,000 vs. gain of 83,000 consensus).
Shares of Barnes and Noble surged this week after the company said it's exploring strategic alternatives including an outright sale. And that got us to thinking....
The latest reads on consumer confidence and personal spending have provided little encouragement that shoppers are starting to spend again. However, July marks the start of back-to-school shopping, and since parents have to buy clothing for their growing children, it may give a much-needed boost to retail sales.
As summer comes to an end and students go back to school, the retail industry is preparing for its first big test of the fall semester—picking the right price.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
S&P 500 futures moved up a couple points as initial jobless claims were slightly lower than expected, as was the continuing claims number.
Today's six stocks worth watching.
Investors are struggling to figure out what’s next for stocks after the Dow made a triple digit advance Monday, only to erase the gains and more by the close.
Stocks pared their losses Friday after a report that showed consumer sentiment came in better than expected. Art Hogan, director of global equity products at Jefferies, shared his market outlook.
The Lightning Round is extended in this CNBC.com exclusive feature.
In the wake of lackluster same-store sales results, should you put any retailers on your radar?
Analysts are expecting retailers to post higher same-store sales in May, but with trends showing some signs of consumer spending weakening from the start of the year, investors are grappling with the bigger question regarding the state of the consumer.
With the euro relatively stable against the dollar and the yen (though weaker late in the morning), most European indices are up 2 to 3 percent. This may be partly due to comments from the Organization for Economic Cooperation and Development, which raised its growth forecast for this year and 2011.
Stock-index futures pointed to a somewhat positive open on Wednesday, with global stocks rallying on Tuesday late-session rally on Wall Street.
It looked like a hot stock. So how is Karen Finerman playing American Eagle now that she’s been burned?
US Senate is voting today on the first parts of the financial reform bill. Barbara Boxer from California set to add language that no taxpayer money will be used to bail out financial institutions. Looks like the $50 billion fund set for an orderly liquidation of a failed bank is dead.
Cramer’s wondering how much longer this stock’s triple-digit returns will continue.
Not very of late. But Cramer’s predicting a rebound.