Talk about bucking the trends! Williams-Sonoma's profit blows past estimates, proving two things: Affluent consumers have money if they want to spend it, and retailers can coax them to spend if they have the right merchandise and the right message.
Plus, get calls on earnings and GM’s coming IPO.
Stocks slipped Friday in quiet summer trading as the closing bell neared after several reports on the economy did little to improve the mood of investors and the market continued on track to record its worst week since the week ending July 2.
With stocks closing lower 4 days in a row, is it time to surrender to the trend?
Stocks ended the week down sharply, with the major indexes down as much as 4 percent in the worst week for the markets since July 2. Retail drops.
U.S. stocks were lower Friday after several reports on the economy did little to change the overall picture for investors.
How are you playing the retail sector? Does Friday the 13th matter? Share your opinion.
A batch of consumer and inflation data could help determine how a wobbly stock market will finish out the week. Retail sales, consumer sentiment and the latest CPI are all being reported in the morning.
Stocks closed lower Thursday, continuing a losing streak amid light volume and continued worries over the state of the economy. Cisco skidded, Verizon rose.
Stocks continued a losing streak Thursday heading into the close, amid light volume and continued worries over the state of the economy triggered by the latest batch of economic data and comments from Cisco that customers are hestitant about a recovery. Cisco skidded, Verizon rose.
Stocks ended modestly lower after an unexpected rise in initial jobless claims and disappointing July retail sales, as the market awaited the critical July employment report.
Stocks were weak Thursday after an unexpected rise in initial jobless claims and July retail sales that were mostly weak.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Investors can’t wait to get their hands on the latest retail numbers to gauge the health of the consumer and by proxy the rally.
The latest reads on consumer confidence and personal spending have provided little encouragement that shoppers are starting to spend again. However, July marks the start of back-to-school shopping, and since parents have to buy clothing for their growing children, it may give a much-needed boost to retail sales.
Back-to-school fashion is getting a makeover as more school districts adopt uniform dress codes.
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?