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Wal-Mart and a number of other retailers have been able to trounce estimates, which had called for the worst February in five years.
The U.S. dollar hit a new low as the Fed's Pianalto says the U.S. economy has stalled. Dollar weakness again helping oil. Jumbo mortgage lender Thornburg Mortgage TMA failed to meet a margin call of about $28 million which has triggered cross-defaults.
The Dow snaps a losing streak as oil hits another all-time high. Get the news behind the headlines in the Word on the Street.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks clawed their way back to close higher Wednesday after a rollercoaster day of trading loaded with news.
There are three - and only three - retail stocks Jeff Macke sanctions buying.
Stocks pulled back in afternoon trading Wednesday, led by financials, as news on Ambac trickled out.
Stocks shot higher Wednesday after a better-than-expected reading on the services sector.
Costco Wholesale quarterly profits and better-than-expected February sales Wednesday as the warehouse clubs attracted bargain-hunting U.S. shoppers looking for deals on food and fuel.
Tuesday's markets were plagued by a pervasive and choppy crankiness, but there are a few things that could help stocks shake that mood Wednesday.
U.S. retailers are set to report gloomy February sales later this week as stormy weather and signs of inflation deterred shoppers from stocking up on spring merchandise.
Find me an analyst or an investor who's excited about this week's same store sales results. Literally, the expectations are so low for this first month of the first quarter, that any indication of a rosier March may cause volatility around share prices when the nation's biggest stores report same store sales results for the month of February on this Thursday.
Time to sort through the Fast Money in-box and answer more of your questions. Rob from Wisconsin writes, "What’s happening in retail, especially with JC Penney?"
Following are the day’s biggest winners and losers. Find out why shares of Toll Brothers and Cisco popped while Costco and Solarfun dropped.
Some churning in the retail and energy sectors over the holiday-shortened week plus continuing economic worries may mean investors will have to tread cautiously. But changes on the international front offer some interesting opportunities.
Wal-Mart's strong results put retail stocks in the spotlight, and JPMorgan's Charles Grom and David Abella of Rochdale Investment Management have some retail recommendations for investors.
Blue chips finished higher for a third straight session after an unexpected increase in January retail sales. Technology stocks rallied after chip-equipment maker Applied Materials beat earnings forecasts.
An unexpected rise in January retail sales sent stocks higher Wednesday, but Jeff Macke urged skepticism on CNBC’s Closing Bell.
Retail numbers gave stocks a boost today, but the experts remain mixed about the strength of the consumer.
U.S. stocks advanced Wednesday after an unexpected rise in January retail sales.