Following a broad selloff on Thursday due to global economic worries, the Dow and S&P 500 are on pace for their largest weekly losses since the heart of the 2008 financial crisis.
Citi raised earnings estimates for a numer of retailers, as July's warm weather heats up sales, according to its same-store sales preview.
Cramer makes the call on viewers' favorite stocks.
Stocks ended lower Friday following a dismal government employment report, but still closed higher for the second week ahead of the widely-anticipated earnings season.
Futures tumbled sharply Friday after employment rose far less than expected, shattering hopes that the economy was starting to regain momentum after a soft patch in the first half of the year.
Stocks backed off from their intraday highs, but still finished sharply higher Thursday after a pair of jobs news offered some hope that the employment picture was improving ahead of the critical government non-farm payroll report.
Stocks continued to gain into the final hour of trading Thursday after a pair of encouraging employment reports and stronger-than-expected monthly chain-store sales lifted investor optimism ahead of Friday's key employment data.
ADP numbers and better-than-expected June retail sales across the board put a smile back on retail investors’ faces today. So is it time to break out the champagne?
Retailers reported sales in June that looked very solid, but the virtual silence regarding second-quarter earnings speaks volumes. Retailers are uncertain about how consumer spending will play out in July.
Stocks climbed Thursday, led by banks, after investors cheered a pair of employment reports that showed better-than-expected results and as retailers posted monthly chain-store sales that largely outpaced estimates.
Many retailers outpaced Wall Street estimates for monthly sales in June, according to early reports out Thursday.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
J.C. Penney says its newly-designated CEO from Apple won't assume the job's full duties until February, even though he takes the title in November.
Stocks closed broadly lower Wednesday as the dollar jumped following worries over the exacerbating Greek debt situation and after a handful of dismal economic news.
Stocks remained under pressure Wednesday, led by banks, following a handful of weaker-than-expected economic news and amid worries over renewed concerns over the Greek debt situation.
Futures added to losses Wednesday following a weaker-than-expected Empire state manufacturing survey and amid worries over a new aid for Greece resurfaced after the euro zone finance ministers failed to forge a deal.
Two months ago on Fast Money top hedge fund manager Whitney Tilson recommended shares of JC Penney. And now he likes it even more.
Stocks slipped slightly from session highs but still closed broadly higher Tuesday, led by gains in the energy sector, following a handful of economic news that helped boost market confidence.
The “Mad Money” host also explains what it means for J.C. Penney's future prospects.
Stocks pointed to a higher close Tuesday after a handful of economic data helped boost market confidence and after Fed chairman Ben Bernanke said failure to raise debt ceiling could result in severe market disruption.