Family Dollar Stores said it would it would cut jobs, and shut hundreds of underperforming stores and slash prices.» Read More
An upbeat view on banks and higher oil prices drove both the Dow and S&P higher on Thursday.
The Treasury market took the government's latest 7-year note auction in stride, compared to Wednesday's wild action.
Treasury bonds were firmer and trading quietly on Thursday compared with yesterday's wild action, though the market is awaiting the government's 7-year note auction this afternoon.
The stock market is watching the bond market, wary a spike in interest rates will derail a fragile economic recovery and snuff the market's rally.
The big number for markets Wednesday is April's existing home sales, which should tell the story of a weak spring selling season.
"Stocks are cheap," says one pro. "There's opportunities out there where you can make some big scores." Finding those opportunities, though, requires some deft strategy.
Stocks declined Wednesday as a late warning from President Obama about stricter oversight for Wall Street knocked major indexes off their highs for the day.
US stocks looked set to give back some the gains from the previous session at the open Wednesday, after Federal Reserve Chief Ben Bernanke soothed investors by stepping back from bank nationalization plans and saying the recession may end this year.
Cramer makes the call on viewers' favorite stocks.
Following are the day’s biggest winners and losers. Find out why shares of Visa and Caterpillar popped while Dollar Tree and Unilever dropped.
Stocks rallied on Thursday on hopes that the government's plan to shore up the financial system could quickly spark lending.
The market is pouring over a dismal set of numbers from the retail sector. And retail analyst Howard Davidowitz sees a trade!
There's still considerable caution about stocks. And as Monday's market shows, any rally is likely to be in fits and starts. But the outlook for the early part of 2009, at least, is optimistic.
Shoppers headed back to the malls on the day after Christmas in what shaped up as a second Black Friday for retailers. So which retail stocks look the most promising — in the midst of a particularly unpromising holiday shopping season?
Will the holiday season really be the most wonderful time of year for investors? Or are we getting nuthin’ for Christmas?
Beware of the bear. Traders say the stock market looks better; acts better and feels better, and might actually be on an uptrend, for now. Stocks have gained more than 6 percent in the past two sessions, and major indices are up about 20 percent since the Nov. 20 closing low.
The market news on Black Friday is all about retail — so unsurprisingly, the news today is pretty bleak, as shoppers look to stretch tight budgets and thinner wallets. Retail chain CEOs who spoke to CNBC emphasized the positive, but industry analysts are already predicting a "red" Christmas. And investment strategists see a big cash-raising selloff in the works.
Top retail analyst Dana Telsey isn't putting lipstick on this pig. "This is going to be a bad Christmas," she told CNBC.
Friday's markets could be subdued after Wednesday's pre-Thanksgiving rally. Traders said the multiple days of stock market gains, the longest winning streak since April, was an encouraging sign. They expect Friday to be a light volume day ahead of the early 1 p.m. close.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Originally a toy seller, this company spun out that division, naming it KB Toys. Now it focuses on getting you more bang for your buck, acquiring names like Dollar Express and Greenbacks over the years. And shareholders are finding today that maybe money does grow on trees as cash-strapped consumers boosted this discount chain's third-quarter profits who is it?