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Stocks extended their winning streak for a third straight session Thursday, helped by a late round of buying in consumer staples and materials. Bank and tech stocks remained the day's weakest links.
Stocks struggled to hold their gains Thursday as declines in bank and chipmaker shares offset gains by some retailers and improvement in new claims for unemployment benefits.
The future of the retail sector is scary, according to David Berman, because you are not seeing very good same store sales. It could turn negative come the fall.
With stocks paring early gains, are key technical levels more likely to provide support or resistance?
Stocks pulled back from a morning rally as declines in bank and chipmaker shares offset gains by some retailers and improvement in new claims for unemployment benefits.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
S&P 500 futures moved up a couple points as initial jobless claims were slightly lower than expected, as was the continuing claims number.
Predictions are skewing positive, so how should you game retail ahead of the all-important same-store sales figures?
Stocks pulled off a gain Tuesday after a late rally as investors scooped up some bargains. Energy, techs and financials gained, while retail stocks were one of the weakest links after a downgrade on the sector.
At the end of the quarter, many portfolio managers look to wash their hands of losers and start anew. This is an opportunity for you. In spite of all our economic troubles, all of those stocks resting at 52-week lows are not as bad as their stock prices would suggest.
There are increasing signs that the consumer may be becoming more skittish and starting to dig in and hunker down again.
Stocks fell sharply as selling accelerated in the final hour of trading Thursday. Worries about a double-dip recession, financial reform and Greece weighed on the market.
Stocks shaved some of its losses in mid-afternoon trading Thursday, but worries about Greece and the financial reform continued to weigh on the market.
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.