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The Dow fell on Friday after government data showed the labor market deteriorated further in December, raising investor concerns about the outlook for profits and a deepening recession.
Following are the day’s biggest winners and losers. Find out why shares of Sears and Gamestop popped while Saks and Abercrombie & Fitch dropped.
Futures dropped 5 points on disappointing guidance from Wal-Mart. We were expecting a poor December retail sales report, and for the most part it did not disappoint.
Call this one Reality Check Part Two: a weaker than expected ADP report, along with disappointing earnings guidance from Time Warner and Intel, a big restructuring from Alcoa, and an 11 percent pullback in oil which pulled commodities and commodity stocks down all weighed on the markets today.
It's going to get uglier before it gets better. Here are the names with the most earnings risk.
Desperate strategems fended off sharply reduced retail-store traffic this holiday shopping season, but some names may vanish from the landscape early in the new year. But Kristine Koerber of JMP Securities prefers to focus on the survivors.
As the debt-laden U.S. consumer grows more and more reluctant to spend and Europeans are cutting down on consumption, the world looks to China for salvation. But experts interviewed by CNBC explain why China will not save the global economy from recession.
Oil prices plummeted Friday as concerns increased over energy demand in the slowing global economy. Experts tell CNBC the commodity could fall to $10 a barrel.
Further economic data out of China showed the country was at risk of falling into a deflationary period. Chinese consumer price inflation fell to a 22-month low of 2.4 percent in November, sparking a fresh commitment from the government to take steps to reinvigorate the economy. Experts tell CNBC the country still has attractive prospects.
A tentative deal has been reached between the White House and congressional Democrats regarding a $15 billion proposal for bailing out the U.S. automakers. But CNBC's experts are skeptical on the measures and reckon the markets' positive reaction to the news will be unsustainable.
Oil prices were steady Tuesday, following a 7 percent rally the previous day, on further economic fears as Japan slipped into a deeper recession. GDP data showed the country's economy contracted at an even faster pace than originally estimated during the third quarter. CNBC's experts weigh in on the economic woes.
Global stocks surged Monday with investors taking heart from a likely rescue plan for U.S. automakers and more government stimulus packages to reverse an economic decline. But experts tell CNBC that the slowdown is far from over.
U.S. employers axed payrolls by a shocking 533,000 in November for the weakest performance in 34 years. Experts tell CNBC that the outlook for the economy is grim.
November retail sales figures will be released later on Thursday. But as analysts revise their forecasts down on concerns of slowing consumer spending due to recessionary woes, experts predict further troubles for the retail sector.
If you think navigating the mall during the holidays is tough, just try trading the retailers.
Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped nearly 60 percent, ending just shy of $6 a share.
Following are the day’s biggest winners and losers. Find out why shares of Las Vegas Sands and Colgate-Palmolive popped while Abercrombie & Fitch and Alcoa dropped.
Another harrowing week on Wall Street has drawn to a close. Find out how the traders are playing it. Also check out our interview with celebrated strategist Ed Yardeni.
Stocks attempted to rally this afternoon — and the Dow and S&P even briefly broke into positive territory — but at the end of the day, the downward pressure was just too crushing and stocks ended lower.
Stocks retreated Friday after a record drop in retail sales and some dismal fourth-quarter forecasts.