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A late burst of back-to-school shopping helped many U.S. retail chains to top analysts' estimates in September.
September same store sales are in, and the vast majority have to be pleasantly surprised... How surprised? Overall, September same store sales are up 2.7 percent, versus expectations of 2.3 percent, according to RetailMetrics.
Stock index futures pointed to a lower open for Wall Street Thursday and gold powered ahead as investors remained cautious at the start of earnings season, which kicks off after the bell with numbers from Alcoa.
Retail sales continued to grow in September at a pace that was roughly equal to that in August, providing some reassurance that consumers are continuing to spend, albeit in a cautious manner, according to a report released Wednesday.
Cramer makes the call on viewers' favorite stocks.
Stocks ended higher for a third session a day before investors get a better glimpse of the economy's health in the August jobs report. Alcoa rose, Merck fell.
Stocks extended gains Thursday afternoon, although were still up modestly, amid subdued trading ahead of the August jobs report on Friday. Home Depot rose, American Express fell.
Stocks are up modestly after a batch of economic data that showed glimmers of strength in the economy as investors await the critical August jobs report coming out on Friday. Home Depot rose, American Express fell.
Retailers turned in surprisingly strong monthly sales reports in August, as sales-tax-free holidays and discounting coaxed shoppers to open their wallets and stock up on back-to-school items.
August same-store sales better than expected. Maybe those tax-free sales days made a difference: 17 states had at least one tax-free weekend in August, up from 13 last year, including big states like Florida, Illinois, and Massachusetts, and it looks like they made a difference.
U.S. stock index futures pointed to a marginally higher open Thursday, and showed little reaction to weekly jobless claims, which fell by 6,000 to 472,000, slightly less than expected.
Stocks tumbled Thursday after a series of disappointing economic reports and despite an uptick in mergers and acquisitions activity. The day's downdraft wiped out the weeks gains for the Dow and the S&P 500. Intel and GE fell.
Stocks declined Thursday after a series of disappointing economic reports and despite an uptick in mergers and acquisitions activity. The day's downdraft puts the market on pace to wipe out the week's gains. Intel and GE fell.
Stocks extended their losses Thursday after a weak report on manufacturing out of the Philadelphia Federal Reserve and a disappointing report on jobless claims. Intel and GE fell.
U.S. stock index futures pointed to a slightly lower open Thursday after the government reported a bigger-than-expected jump in unemployment claims.
Stocks were higher heading into the close Wednesday in thin trading Wednesday as investors shrugged off tepid reports from retailers. Exxon fell.
Stocks pared losses Wednesday, with tech-heavy Nasdaq and the S&P 500 up slightly, after a mixed batch of earnings releases, and a day after a strong rally. Exxon, Chevron fell.
The Dow opened lower at the open after a day of strong results for the major averages, and ahead of a day light on economic news.
Stocks and bonds could continue to trade counter to recent trends Wednesday, traders said.