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Stocks Big Lots Inc

  • But are they enough?

  • Following are the day’s biggest winners and losers. Find out why shares of Morgan Stanley and Freeport-McMoRan popped while Liz Claiborne and US Bancorp dropped.

  • Due to the real estate downturn, retailers are able to expand and open new stores in places where renting land would once have been almost impossible.

  • The big story this morning is not the ADP report, which was bad, but the Chinese economy. Commodities are higher as Chinese February PMI rose for a 3rd month to 49, the highest since September.

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    Discount retailers are some of the few investments that work right now, but that doesn't include the whole group.

  • At yesterday's Power Lunch town hall, there was some good debate on whether buy and hold pays off in the long run.  Here is some of the analysis that fueled the discussion...

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    Many retailers saw weak sales as consumer spending largely dried up after the holiday season.

  • Stocks shot up like a rocket in the final hour of trading, shrugging off earlier losses triggered by the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Stocks turned mixed in afternoon trading, shrugging off earlier losses triggered by the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Stocks fell sharply Friday after the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Stocks fell sharply Friday after the biggest monthly job loss in 34 years.

  • Stocks snapped their best five-day winning streak in 75 years with a resounding crack, giving back more than half the gains in one session.

  • Stocks pulled back Monday after logging their best five-day streak in 75 years last week.

  • Stocks pulled back Monday after logging their best five-day streak in 75 years last week.

  • The S&P 500 had its fourth worst 2-day loss in history today, losing over 100 points since Election Day.

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    Downsizing slowed in August but was still up from a year ago according to Challenge, Gray & Christmas.  Tomorrow we will get the jobless claims numbers and on Friday we will get the latest non-farm payroll and employment numbers from the Bureau of Labor Statistics.  Here is a breakdown of where the jobs are and recent trends.

  • For the week and month ending Friday, August 29, 2008,  the major U.S. Indices ended slightly lower for the week but up for the month.  The markets had a volatile week, sinking first on housing price drops and an up-tick in oil prices, then rallying on better-than-expected GDP numbers, and finally falling to end the week on worse-than-expected personal income and spending data.  The Dow hit a 200+ point rally on Thursday, its largest one day gain since 8/8.  The NASDAQ led the indices to the downside this week, down nearly 2%.  For the August close, the Dow, Nasdaq and S&P all finished up 1.5% or more, marking the best monthly gain since April for the Dow & S&P, and best month for the Nasdaq since May.

  • Stocks finished higher in feather-light trading Wednesday, boosted by a rise in financials and energy stocks, as well as a better-than-expected durable-goods report.

  • Stocks advanced in light trading Wednesday, boosted by a rise in financials and housing stocks, as well as a better-than-expected durable-goods report. Earlier, stocks had swayed, torn between the encouraging durables report and oil's ascent amid the threat of tropical storm Gustav.

  • Stocks turned lower Wednesday as rising oil prices offset a better-than-expected report on durable-goods orders.