Stocks lost steam in the final hour of trading Wednesday after a report that European banks may shrink to meet higher reserve targets and news that real Chinese copper demand may be lower than initially thought, but still finished higher amid optimism that Slovakian politicians reached an agreement to approve the EFSF expansion.
Alcoa spacer miss does not hurt the market. More evidence that Europe is what matters: euro strong, European bourses up 1 to 3 percent.
Futures gained Wednesday as investors shrugged off a disappointing start to earnings season after Alcoa missed forecasts and as Slovakia moved to reach a deal on expanding the EFSF rescue fund.
Amid slumping consumer confidence, shoppers remained resilient, but retailers were reporting mixed results for September.
Thank you, Steve Jobs! You changed my life and millions of others.
Holiday retail sales are expected to rise 2.8 percent to $465.6 billion, the National Retail Federation predicts. This growth, while far slower than last year’s 5.2 percent gain, is slightly higher than the 10-year average holiday sales gain of 2.6%, the group said.
Pro traders were looking at strength in retail Wednesday, with the S&P Retail ETF up about three percent in the past five days.
Shares of Sears and AK Steel have seen a more than 50 percent jump in short-interest since early August.
Retailers are trying to coax consumers out of hiding with a new gimmick this season.
U.S. retailers may see more moderate sales gains this holiday season as persistently high unemployment and steeper gasoline and grocery prices prompt shoppers to think twice about spending, according to early forecasts.
ICircular will start appearing Monday in the mobile phone applications of the participating newspapers. It's the pilot phase of a project announced nearly a year ago by the AP, a not-for-profit cooperative owned by newspapers.
Stocks closed sharply higher for a fourth-consecutive session Thursday following news that major central banks across the world agreed to lend U.S. dollars to European banks, taking pressure off funding issues across European banks.
Retail landed back on the "Fast Money" team's radar after Deutsche Bank suggested 6 pair trades. Find out how they would play it.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
It seems both the bulls and bears are owning the lousy jobs report as the key catalyst that sends the market whooshing lower -- errr surging higher. How can that be?
Stocks kicked off September with a weak start, finishing near session lows in volatile trading, following a handful of mixed economic news and as investors waited for the government's monthly jobs report on Friday.
The U.S. August ISM figure is out at 10 a.m. Consensus is about 48, anything below 50 indicates contraction. Watch what happens if the figure is weaker than consensus—say, 44 or below. If the market rises, that's a sign of gaming the Fed—traders expecting another round of quantitative easing.
Stocks staged a late-day rally in light, choppy trading Tuesday, following the latest Fed meeting minutes, which showed officials debated a third round of asset purchases to stimulate the economy and after investors shrugged off a disappointing consumer confidence report.
A good day for a gold series! Gold rose again this morning, partly on our CNBC interview with Charles Evans, president of the Chicago Federal Reserve.