Retailers are expected to get a boost from a late Easter when they report their monthly sales on Thursday. The Thomson Reuters Same-Store Sales Index is expected to post an 8.4 percent increase in April, compared with April 2010's 0.7 percent gain. A rundown of the estimates.
Although some investors worry the rally in retail could be halted by rising oil prices, one "Fast Money" trader said he's not concerned.
Tee time at Augusta, tea time for Boehner, and wait-and-see time for Portugal. Here's what we're watching—and you should, as well.
As retailers gear up to report monthly same-store sales Thursday, analysts are expecting March to be a challenging month with the late arrival of Easter and rising gas prices.
It's official. We've finished the last round of play in our annual tournament and have a winner. What's your Fast Money favorite stock of 2011?
Looks like Jamie Dimon won't be the Fast Money Madness MVP after all. The super star CEO just stumbled in our tournament.
Jamie Dimon just might be named this year's Fast Money Madness MVP. On Wednesday he took down the Oracle of Omaha!
Looks like Dr Copper is in it to win it. Freeport McMoRan, the world's largest copper miner, took down Boeing in the quarter finals of Fast Money Madness!
It appears Jamie Dimon's got game and Lloyd Blankfein doesn't. Goldman Sachs is out of the Fast Money Madness tournament.
Ronald McDonald looked like a contender but after this round of Fast Money Madness, the only place he's going is back to clown college!
The "Mad Money" host also offers up his picks for an ultimate decline in oil.
Despite storms and rising gasoline prices, many retailers reportedly monthly sales managed to top analysts' estimates, but some warned of a weaker March due the timing of the Easter holiday.
Today's action suggests stocks may still be able to advance with oil at $100, but it's dicey above that. Mid-morning stocks weakened as oil moved to $102, but stocks gradually recovered even as oil has held in near $102. At 2pm ET major indices were flat, more up stocks than down stocks.
This week's batch of earnings reports showed that Target trumped Wal-Mart Stores, but Target still needs to watch its back, because other retailers are grabbing a bigger chunk of the consumer budget.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 24.
Inflation jitters in Asia and soaring oil are shaping Thursday's market.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.
Consumers are facing higher prices at every turn—interest rates, food, apparel, and now gasoline, all are on the rise. However, as crude oil prices crossed the psychologically important $100-a-barrel mark, there are a number of analysts who are not concerned about the impact energy prices will have on consumers and the economy—at least not yet.
Stocks ended higher Friday, climbing just before the close to cap off the third straight week of gains in the absence of major economic news or earnings.