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Retailers were weak all day after disappointing guidance from Kohl's early this morning.
The Dow lost more than 100 points, led by Cisco, as comments from CEO John Chambers sucked the wind out of the tech rally's sails.
The Dow bounced around Thursday as Alcoa advanced, while Cisco skidded after comments from CEO John Chambers.
Stocks had their best three-day run in 10 months Wednesday as Spain got the market off to a good start, promising tough austerity measures, and tech stocks rallied after some encouraging reports from Intel and IBM. Gold soared.
What follows is a roundup of corporate earnings reports for Wednesday, May 12.
Stocks advanced Wednesday after Spain promised to take wide austerity measures and Intel said it expects earnings growth to double. Techs and industrials led the way. Gold surged.
Stocks advanced Wednesday after Spain promised to take wide austerity measures and Intel said it expects earnings growth to double.
U.S. stock futures are up as Europe is trading up 1 to 2 percent. The put/call ratio at the close yesterday was 1.28—meaning 1.28 puts bought for every call—fairly high. This is a contrarian indicator, as it represents stock that needs to be bought back eventually. What does it mean? It means traders are either getting short or hedging their long positions.
U.S. stock index futures pointed to a slightly higher open Wednesday as fears of contagion from the European debt crisis eased as Spain vowed to slash its public deficit.
The volatility that zapped stock prices in the past week could continue to deliver some jolts in the week ahead.
The latest batch of retail sales reports underscore that economic recovery doesn't happen overnight. Still, despite these disappointments, the results marked the eighth consecutive month that retailers logged same-store sales increases.
Stocks remained lower in mid-afternoon Wednesday, led by energy and industrials, after the Dow briefly popped into positive territory. Markets remained skittish after Moody's put Portugal's debt rating on review.
Stocks were hammered Tuesday, logging their worst decline in months amid worries that the European debt crisis will spread and that Spain might be the next to need a bailout.
The Dow plunged more than 200 points Tuesday as the dollar rallied against the euro amid worries about the European debt crisis.
Cramer thinks this company could be the next in its group to deliver an upside surprise, and he wants you in ahead of the quarter.
CEO Charles Koppelman explains how product licensing is driving growth for this company.
High unemployment could hinder the retail sector's recovery, despite its recent improvement in same-store sales, Macy's Chairman, President and CEO Terry Lundgren told CNBC Thursday.
After closing not far from the lows on Friday, the S&P 500 closed at its high yesterday and is sitting just off the highs for the day as of this writing. Volume is again trending toward the heavy side.
Stocks rose for a sixth straight dayas investors cheered a pair of solid manufacturing reports and shrugged off a jump in jobless claims.
Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.