Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. In 1929, a New York Times headline read “Abraham & Straus and Filene’s to unite,” and this department store company was born. The CEO convinced president Roosevelt that Thanksgiving should fall on the 4th Thursday of November. Today, it was the shareholders who were giving thanks as the stock lifted after November sales were not as bad as feared. Who is it?
Sweden, Bank of England, and now the ECB have all cut interest rates, the ECB by a record 75 basis points to 2.5 percent. On the U.S. front, there is mostly negative news. Let's see how much of this negative news has been priced into the market.
Plus, Cramer makes the call on retail, oil and stocks with dividends.
Plus, Cramer recommends a retail stock that might be exempt from seasonal sales worries.
Stocks snapped their best five-day winning streak in 75 years with a resounding crack, giving back more than half the gains in one session.
Stocks pulled back Monday after logging their best five-day streak in 75 years last week.
Stocks pulled back Monday after logging their best five-day streak in 75 years last week.
The painful selling in stocks has been so consistent this week, it's no surprise that some traders say the market could test October's lows before the week is over.
Maria Bartiromo discusses Wednesday's top business and financial stories, and looks ahead to tomorrow.
Stocks looked set to go three for three, opening lower once again as doubt about the effectiveness of government intervention seeped deeper into the market. The Dow fell nearly 200 points, or 2 percent, in the first few minutes of trading.