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After closing not far from the lows on Friday, the S&P 500 closed at its high yesterday and is sitting just off the highs for the day as of this writing. Volume is again trending toward the heavy side.
Stocks rose for a sixth straight dayas investors cheered a pair of solid manufacturing reports and shrugged off a jump in jobless claims.
Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.
The Dow briefly popped above 11,000 -- the first time it's reached that mark since September 2008 -- before settling a few points below. Chevron blazed the trail, making energy one of the day's best performers. Palm surged amid takeover rumors.
The Dow continued rising toward 11,000 Friday as the dollar fell after a Greek official said the debt-riddled nation has not yet sought financial aid. Energy and consumer discretionary were among the best performers.
The S&P retail index recently hit a 52-week high after the nation’s major chain stores delivered some of the best sales results in a decade. Patrick Dunkerley, lead portfolio manager at Scout Mid Cap Fund and Patricia Edwards, CIO and retail analyst at Storehouse Partners shared their best retail plays.
Stocks advanced Friday as commodity prices rose and the dollar fell after a Greek official said the debt-riddled nation has not yet sought financial aid.
Warm weather, an early Easter and a more confident consumer appear to have boosted retail sales in March, with many of the retailers who have reported results so far topping analysts' estimates.
In an exclusive to CNBC.com, Patty Edwards says "We’re quickly going to start coming up against tougher sales comparisons and retailers are going to have to prove that they’re doing more than just riding calendar shifts and surviving – they’re going to have to be thriving."
Kohl's is rebounding after a four-month correction, and the bulls are looking for more upside.
Retail sales for March: another month that may be better than expected. While everyone is fixated on the jobs report, watch out for March same store sales, due April 8. February retail sales were better than expected, despite bad weather, now the same may happen for March. Same thing: poor weather pattern in third week in the Northeast, but early reports seem to be encouraging.
Stocks pulled off a gain Tuesday after a see-saw session as techs and industrials gained, while energy and bank stocks were weak.
Stocks advanced Tuesday after a jump in consumer confidence and encouraging read on housing. Tech and telecom were the big trading story amid news that Apple's working on an iPhone that works on the Verizon network.
U.S. stock index futures poionted to a modest gain at the open on big news in the smartphone industry and ahead of reports on housing and consumer confidence.
As their margins begin to recover and shoppers start loosening their discretionary budgets, experts said retailers need to focus more on customer service initiatives to win consumers over.
The American markets are reacting to the country’s problems the same way they did health care. Cramer explains why that is wrong.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
There may be fewer frills on Easter bonnets, but more spending on jelly beans, flavored marshmallows, and other goodies, according to a survey conducted by the National Retail Federation, which predicts consumers will spend more on Easter.
Another strong round of retail sales came in this morning, with broad gains across the board in February despite wintry weather throughout much of the Midwest and East Coast.
As the Olympics wind down this weekend, one job-posting site gave out a gold medal of its own — to the company that posted the most job listings in January!