Some of the names on the move ahead of the open.» Read More
Stocks turn positive, reversing early losses. Fed Chair Yellen says harsh weather has played a role in recently weak data.
NEW YORK, Feb 27- Stocks on world markets edged lower on Thursday, as tension in Ukraine and Russia curbed risk appetite, though Wall Street managed to hold near unchanged as investors tuned in to Fed chair Janet Yellen's testimony in Washington.
*J.C. Penny, Best Buy rally after results. NEW YORK, Feb 27- U.S. stocks were little changed on Thursday as comments from Federal Reserve Chair Janet Yellen failed to provide clarity on the impact of a harsh winter on recent economic weakness, while concerns rose over turmoil in Ukraine.
*Retailers look to rise after J.C. Penny, Best Buy results. NEW YORK, Feb 27- U.S. stock index futures pointed to a slightly lower open on Thursday, with a better-than-expected read on durable goods helping to offset geopolitical uncertainty in Ukraine.
Some of the names on the move ahead of the open.
*J.C. Penney and Best Buy rally in premarket after results. NEW YORK, Feb 27- U.S. stock index futures fell on Thursday, with the S&P 500 poised to recede further from record levels amid political uncertainty in Ukraine and ahead of comments from Federal Reserve Chair Janet Yellen.
*Target and Lowe's rally after results. *J.C. Penney shares jump after the bell. Target Corp and Lowe's Cos Inc shares jumped following upbeat earnings and gave the biggest boosts to the S&P 500. An S&P 500 retail index gained more than 1 percent for a second day.
Check out which companies are making headlines after the bell Wednesday:
*Target and Lowe's rally after results. Target Corp and Lowe's Cos Inc shares jumped following upbeat earnings and gave the biggest boosts to the S&P 500. An S&P 500 retail index gained more than 1 percent for a second day.
Stocks eked out small gains in volatile trading Wednesday, with the Nasdaq briefly hitting a 14-year high.
JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.
'Sadly they've gone from being a leader to a laggard. They've failed to keep up,' said one consultant about JC Penney.
U.S. stock index futures pushed higher on Wednesday ahead of more housing data and several quarterly fourth quarter earnings updates.
Some within the industry say the globalization of retail has brought with it a new challenge: It's taking the excitement out of global shopping.
Feb 25- Macy's Inc's sales this year were weak until Valentine's Day, the department store operator said on Tuesday, but it stuck to its full-year forecast because it expects business to return to normal when the weather improves.
NEW YORK, Feb 23- For U.S. stock investors, the main event will be Federal Reserve Chair Janet Yellen's return trip this week to Capitol Hill. Wall Street will hang on her every word about the weather, of all things, when she goes before the Senate Banking Committee to complete her semi-annual testimony about monetary policy.
The main focus will be Part Two of Federal Reserve Chair Janet Yellen's semi-annual monetary policy testimony before the Senate Banking Committee on Thursday. Ironically, Yellen's congressional testimony before U.S. lawmakers was rescheduled after a Senate panel previously canceled the original hearing date due to a recent snowstorm in Washington, D.C..
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
Virtually everyone on Wall Street knows that Ackman's Herbalife bet has cost him so far. Now we know exactly how much.
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