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*Wall Street slips; Dow has year's biggest weekly drop. *Gold hits two-month high; oil up on supply worries. NEW YORK, Aug 16- U.S. bond yields rose to two-year highs on Friday as investors worried the Federal Reserve will start scaling back stimulus next month, while world share indexes registered their biggest weekly fall in almost two months.
*Wall Street slip as retailers fall; EM currencies struggle. NEW YORK, Aug 16- U.S. bond yields rose to two-year highs on Friday as investors worried the Federal Reserve will start scaling back stimulus next month, while world share indexes headed for their biggest weekly fall in almost two months.
NEW YORK, Aug 16- U.S. stocks fell on Friday, following the largest one-day drop in almost two months a day earlier, as retailers took a beating after reporting lackluster earnings and high-dividend names were hurt by rising interest rates.
*Green Mountain Coffee Roasters' stock up, to join Nasdaq 100. *Nordstrom latest to report weak retail revenues, shares fall. said Rick Meckler, president of investment firm Liberty View Capital Management in Jersey City, New Jersey.
*Nordstrom among retail firms with weak revenue, shares dip. Nordstrom Inc on Thursday joined the list of consumer companies reporting lower-than-expected revenue, and the luxury department store chain cut its full-year sales and profit forecasts.
Nordstrom stock is down after disappointing Q2 sales numbers. CNBC's Courtney Reagan has the details.
What is fair value for the 10-year Treasury? That's the big question for the moment, but nobody knows. What's the right interest rate?
*Nordstrom adds to list of weak retail revenues, shares fall. "We haven't seen the revenue growth the market was anticipating," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.
U.S. stock index futures held their modest gains Friday following the housing starts report and after major averages logged their biggest drop since June.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Thursday:
Aug 15- Nordstrom Inc on Thursday reported lower than expected revenue in its second fiscal quarter as comparable sales at its department stores slipped, prompting the luxury department store chain to lower its full-year sales and profit forecast.
Stocks finished near their session lows Thursday, with the Dow dropping more than 200 points, as bond yields jumped to their highest level in two years and as the market continued to gauge when the Federal Reserve might start to reduce its asset purchases.
Aug 15- Nordstrom Inc on Thursday reported a lower-than-expected increase in revenue in its second fiscal quarter as sales at its department stores slipped, and the luxury department store chain lowered its full-year sales and profit forecast.
U.S. stock index futures added to their losses across the board Thursday following a mixed batch of economic reports and as investors continued to gauge when the Federal Reserve might start to reduce its $85 billion in monthly bond purchases.
*Macy's shares fall after sales, earnings disappoint. *J.C. Penney shares spike on report sales improving in Aug. *Cisco's comment on growth outlook after close hurts tech shares.
The harried mom. The bargain hunter. The plain-old indecisive shopper. For many consumers, buying what catches their eye and returning what doesn't work out is a strategy for smart shopping.
NEW YORK, Aug 9- Wall Street's spotlight will fall on the consumer next week. Macy's is scheduled to report results on Wednesday, while Wal-Mart Stores Inc, the world's largest retailer, will release quarterly earnings on Thursday, along with upscale department store Nordstrom and discount retailer Kohl's.
Stocks finished the week in negative territory, with major indexes logging their worst week since June, as investors found little reason to buy following the market's recent highs and amid ongoing worries about when the Fed may start to wind down its stimulus program.
Teens are shopping, but their back-to-school wish lists have changed. Many are mixing designer handbags and fast fashion, making it tough on traditional teen retailers.