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With little progress on the overall jobs front, the consumer has ultimately remained very cautious, spurring more tepid spending over the past couple of months. Here is a look at the drop in the major retail stocks since the Morgan Stanley Retail Index hit a two-year high on April 26, 2010.
Stocks retreated Monday afternoon as a China-fueled rally petered out. Alcoa was still up sharply.
Retail sales disappoint, but some bright spots. May retail sales reports, down 1.2 percent versus consensus of 0.2 percent, were clearly a disappointment. Here's the breakdown.
By Friday's close the S&P had fallen below 1,070, a level which had been considered support. How much farther is the S&P going to fall?
Many people are beginning to hunt for jobs again, but the initial return may prove dispiriting since so many others are already chasing too few jobs, the New York Times reports.
In the wake of lackluster same-store sales results, should you put any retailers on your radar?
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
A pair of well-known investor newsletters are advising followers to sell stocks and move into all-cash positions.
The Dow tumbled over 100 points, or 1.1 percent, led by financials, as the dollar gained against the euro. Walmart was the lone gainer on the Dow. Oil ended below $70 for the first time this year.
Stocks continued to slide in choppy trading Tuesday as the dollar gained against the euro. Financials were the biggest drag after Germany issued a proposal to ban naked short-selling.
Stocks erased their losses in the final half-hour of trading Monday as consumer and tech stocks advanced.
Stocks declined Monday as steep slides in commodity prices hit energy and materials, while a weak Empire State manufacturing report put a damper on investor sentiment.
Stocks wobbled Monday as investors weighed a slew of M&A activity against a disappointing Empire State manufacturing report and weak outlook from Lowe's.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.
With stocks under pressure and the euro tumbling to 18-month lows on Friday, Warren Myers, CEO of Walter J. Dowd, and Art Cashin, director of floor operations at UBS, shared their market insights.
Stocks continued to lose ground Friday as worries about the European debt crisis overshadowed somewhat encouraging US economic data.
U.S. and European banks are both lower, for three reasons. With the exception of gold and gold stocks, commodity stocks are down 2-3 percent as energy and base metals weaken with the Euro falling below $1.25 today. And credit-card companies have their own troubles.
U.S. stock index futures pointed to a slightly lower open Friday as investors waited for a batch of key economic data while Europe pushed on with its wave of austerity measures.
Retailers were weak all day after disappointing guidance from Kohl's early this morning.