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Investors will get a glimpse of how much cash-strapped consumers are willing to spend in the key back-to-school shopping season when major U.S. retail chains release July sales results Thursday.
Economics will be a far more important subject than fashion for retailers this year as cash-strapped U.S. consumers do their back-to-school shopping over the next several weeks.
Retailers, including Wal-Mart Stores, are posting solid same-store sales growth in June, as expected, as seasonal weather and tax rebate checks helped get consumers to the store.
U.S. retailers, led by the discounters, are expected to post slightly better June same- store sales this week, thanks to seasonal weather and rebate checks that have made their way to cash registers, mostly for basic items such as gasoline and food.
In a market full of dogs, how do you recognize the best in breed?
Until these companies start closing down stores, Cramer says sell, sell, sell.
Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.
Retailer Sears Holdings reported an unexpected first-quarter loss Thursday as sales fell at its Kmart and Sears stores and markdowns hurt margins, sending its shares down about 4 percent before the opening bell.
Stocks were juiced ahead of Friday's session as indexes sit at the highest levels since early January. But beware. Some traders are talking about the idea that as these highs are being reached, sluggish volume could be throwing up warning signs.
The Dow made double digit gains Thursday as a battle to control Yahoo boosted the technology sector and a pullback in oil eased concerns about inflation. What's the "Word on the Street?"
Stocks rallied for a second day Thursday as traders found cause for optimism and technology stocks blazed the trail.
Stacey Widlitz of Pali Research and Piper Jaffray's Jeff Klinefelter have come up with four "must-have" retail stocks.
Stocks bounced back from a weak open after a better-than-expected report on manufacturing.
Wall Street's bulls are still running but they are no thundering herd heading into Thursday's market, which promises to be ruled by the economic data du jour, and the rise and fall of the price of a barrel of oil.
Are retailers good for a short-term trade if they continue to top low expectations?
Freddie Mac's earnings may hold the answer, Cramer says.
Retailer Macy's reported a quarterly loss Wednesday as a difficult retail environment hurt sales and it incurred costs from a restructuring.
Wall Street is increasingly worried that bubbling over oil prices will scald the economy and the stock market. That's just one concern for traders in the week ahead which also has inflation data, retail sales and housing numbers. There are also earnings reports, TV networks' upfronts for advertisers, and plenty of Fed, Fed, Fed.
As expected, the ECB and the Bank of England left interest rates unchanged; the ECB at 4.0 percent. Futures dipped a bit at 8:50 am ET as Mr. Trichet began talking, giving his usual speech on the importance of combating inflation.
Big US retailers are expected to show a slight improvement in April sales on Wednesday, but Wall Street still expects signs of weakness.