Stocks are at new highs, but where are the bargains? Big financials are mounting an impressive rally.» Read More
With Saks the latest retailer to disappoint with weaker-than-expected earnings, investors are worried about how the retail sector will fare heading into a heavy week of earnings.
Global fund managers are more optimistic on the world economy, and optimism about the euro zone doubled in the last month to a nine-year high.
Stocks snapped a three-day losing streak Thursday, with the S&P 500 finishing just below the 1,700 mark, buoyed by stronger-than-expected Chinese trade data and following a favorable jobless claims report.
Data from Europe and China are looking up. These figures support the thesis that the U.S. recovery is a help to China, and is even trickling down to Europe.
A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.
U.S. stock index futures held their gains Thursday, after major averages logged a three-day losing streak in the previous session, thanks to stronger-than-expected trade data from China and following the weekly jobless claims report.
Check out which companies are making headlines before the bell on Thursday:
Designed with 24-karat-gold thread, an ultraluxe collection has entered the intimate apparel market to fill a void in the underwear drawers of the wealthy.
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Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.
Who would have thought Fed chief Ben Bernanke's comment about "highly accommodative policy" would cause this kind of rally? Now, there are a clutch of angry traders.
Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.
Guess shares surged more than 9 percent Friday following better-than-expected profit despite a significant decline from a year earlier, reports TheSteet.com.
Clothing-store chain Gap delivered earnings and revenue that beat Wall Street expectations, an encouraging sign for the recovering retail sector.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Wednesday:
Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
These stocks are posting the largest moves before the bell.
It's good to remember that some turnarounds have happy endings. For retailer Gap, the current outcome is a positive one as investors are again falling into the Gap.