It may be time to step back from retailers, because the damage is broader than just apparel.» Read More
Stocks moved in a narrow range amid light volume Monday, and were ending the session mixed as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. BofA and Cocoa-Cola fell, while Cisco rose.
Stocks declined as investors continued to consider future troubles in the euro zone and comments over the weekend by Federal Reserve Chairman Ben Bernanke indicating the central bank was willing to pump even more money into the economy. BofA and DuPont fell, which Cisco rose.
European finance ministers meet Monday and Tuesday as the Irish vote on their budget. The White House and Congress, meanwhile, are expected to move toward a compromise extending the Bush tax cuts.
Whether it's earnings reports, analyst meetings or unemployment data, here's what you need to know.
Stocks ended positive, with the Nasdaq reaching a three-year high, despite a disappointing employment report as investors found comfort in other economic news and in expectations the jobs figures would push the Federal Reserve to continue efforts to stimulate the economy.
Stocks turned positive despite disappointing employment news as investors found comfort in other economic news and in expectations the jobs figures would mean the Federal Reserve will continue with efforts to stimulate the economy. DuPont and Bank of America rose, while AT&T fell.
Stocks traded mixed after news the jobs picture hasn't improved despite a string of more hopeful economic data, and despite a report the services sector continued to grow in November. AT&T and JPMorgan fell, while DuPont and Alcoa rose.
The boost to stocks as European Union officials endorsed the $115 billion debt bailout has proved short-lived. The euro has weakened, the dollar strengthened (to a 2-month high), and most major bourses in Europe are down about 1 percent after being up overnight
Due those reports of a 'sweeping insider trading probe' have the potential to rock Wall Street? Should you assume bank stocks are seriously challenged now?
Here’s where the next leg of that move will come from.
Despite a cluster of negative economic news, people continued to buy, buy, buy.
Wal-Mart Stores is holding an analyst day today. Investors will use the chance to get to know Bill Simon better — he has been running the USA division only since June. Here are the issues being mentioned by traders...
The Republican leader is focused on stopping any regulatory, tax, and trade barriers to job creation. When asked about the main agenda point for a GOP Congress, Boehner said, “Stop all the bad stuff.” I like it. Stop all the bad stuff.
The country’s continued economic doldrums have stores scrambling for the once-ignored low-end customer, as people make fewer costly shopping trips to stock their pantries. The New York Times reports.
The Nikkei, down 3.6 percent, hit a 52-week low as investors were not impressed with the BOJ's latest stimulus efforts, boosting cheap loans to commercial bnaks. The yen is at a 15-year high against the dollar.
If you’re looking for a safety play Morgan Stanley analyst Joseph Parkhill has an idea for you.
While Family Dollar was preparing for a potential fight with Trian, according to people close to the situation, the two seem to be on the same page.
What follows is a roundup of corporate earnings reports for Tuesday, June 8.
Stocks struggled to hold gains Tuesday after an early pop following comments from Fed Chairman Ben Bernanke.
At an informal gathering of hedge fund traders last night, the mood was decidedly gloomy. I noted yesterday that many hedge funds had a horrific May: 1) most were net long going into May, and 2) many had been short volatility. Volatility, as we know, exploded in May, forcing many firms to cover their short positions. Not only that, traders seemed to have been unprepared for the dollar's rebound...