Nordstrom shares fell 2 percent after analysts at Evercore ISI downgraded the stock and slashed their price target. » Read More
Twilight Saga: Eclipse is on track for a huge opening Wednesday, and along with Summit, the studio behind the series, a slew of marketing partners are hoping their investment in the movie pays off.
The fact that the euro rallied Thursday and the S&P didn’t is extraordinarily negative, says Guy Adami. It seems to me that we’re on the edge of something.
Veteran trader Gary Kaminksy tells the desk he's hearing chatter about a potentially strong earnings season ahead. Are the bulls back in the game?
Following are moves you might have missed. Find out why shares of AutoNation and Jacobs Engineering popped while Nordstrom and Pier One dropped.
U.S. retailers are increasingly looking outside U.S. borders for growth. Merchants such as Macy’s Bloomingdale’s chain are entering international markets for the first time. Others are accelerating expansion overseas, as in the Gap’s case, or testing the international waters via e-commerce sites, which is Nordstrom and J.C. Crew’s preferred route.
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
Markets are already looking ahead to Friday's jobs report, and for that reason, even more weight than usual will be given to Thursday's weekly jobless claims and ADP's private sector jobs data.
Analysts are expecting retailers to post higher same-store sales in May, but with trends showing some signs of consumer spending weakening from the start of the year, investors are grappling with the bigger question regarding the state of the consumer.
With women growing tired of their over-worn wardrobes and the economy slowly ticking higher, sales of fashion accessories rose 17 percent in the first quarter, after ending the year 10 percent lower in 2009, according to an industry study.
Fears of global economic contagion sent the markets falling for the second day in a row, pushing the Dow below 10,000. But Bill Smead, CEO and CIO of Smead Capital Management and Craig Hodges, co-portfolio manager at The Hodges Fund said they still remain bullish on the markets.
Did this week's extreme volatility leave you reaching for Pepto-Bismol and cash positions? Hope not, they might not be the best moves to make.
The Dow tumbled over 100 points, or 1.1 percent, led by financials, as the dollar gained against the euro. Walmart was the lone gainer on the Dow. Oil ended below $70 for the first time this year.
Stocks continued to slide in choppy trading Tuesday as the dollar gained against the euro. Financials were the biggest drag after Germany issued a proposal to ban naked short-selling.
Stocks erased their losses in the final half-hour of trading Monday as consumer and tech stocks advanced.
Stocks declined Monday as steep slides in commodity prices hit energy and materials, while a weak Empire State manufacturing report put a damper on investor sentiment.
Stocks wobbled Monday as investors weighed a slew of M&A activity against a disappointing Empire State manufacturing report and weak outlook from Lowe's.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.
Stocks continued to lose ground Friday as worries about the European debt crisis overshadowed somewhat encouraging US economic data.
U.S. stock index futures pointed to a slightly lower open Friday as investors waited for a batch of key economic data while Europe pushed on with its wave of austerity measures.