Consumers slacked off on the final holiday shopping days, suggesting traditional retailers will just meet sales forecasts amid deep discounts.» Read More
Stocks pared their gains Wednesday after the Fed said the economy was improving and it planned to gradually slow the pace of Treasury buying.
Stocks advanced Wednesday as investors got some much-needed good news on the economy, including a report that showed existing-home sales — and home prices — have started to rise.
Expect the Fed to continue their purchase of Treasuries, agency debt, and mortgage-backed securities and most feel the Fed will leave the purchase programs as is and not expand the programs.
Futures indicated a slightly higher open for the U.S. stock market Wednesday, following the previous day's losses of roughly 1 percent, ahead of the Federal Reserve policymakers' issuance of their latest economic pronouncements at about 2:15 p.m. New York time.
At least one big investor thinks Macy's is stuck in a range and wrote options to earn premium.
Wall Street's bull could take a breather in the week ahead, but the trend for stocks remains higher, for now.
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Stocks fell for a second straight session Thursday as tech stocks dragged after Cisco's tepid outlook and investors remained jittery ahead of tomorrow's jobs report.
Retailers are managing their business better, even though consumers are still conserving cash— and investors are taking notice.
With the all important jobs report due on Friday, will 1,000 on the S&P stick?
Stocks pulled back Thursday after a higher open as Cisco dragged on the Dow.
Retailers reported disappointing sales in July, a sign that consumers are continuing to watch their spending carefully and hunting for the best bargains.
The hope is that we will see some back to school lift, but Labor Day is the latest possible date this year. There are a lot of tax-free holidays in August, particularly in the South, that may help.
Analysts are expecting a late start to the back-to-school shopping season, and that means that retail sales reports for July, which are due out Thursday morning, will likely be weak.
After a century in the business, JC Penney finally made its move to Manhattan with the grand opening of a three story store in Herald Square today. While other big retailers like Macy's and Bloomingdales have been hit by the recession, Penney is relying on the struggling economy to generate its success.
As CIT works to avoid bankruptcy, many who track the retail industry are concerned that CIT's troubles will set off a chain reaction that will leave retailers in the lurch during the critical holiday season.
Both the Dow and S&P powered higher after solid results from Intel reinforced hopes for an economic recovery and a rebound in technology spending.
The Dow closed down by triple digits on Thursday with the widespread selling extended for an extra 15 minutes on the NYSE...
Following are the day’s biggest winners and losers. Find out why shares of Nucor and The Hartford popped while Macy’s and Rio Tinto dropped.
Stocks advanced Thursday, but ended well off their earlier highs, amid weakness in techs and consumer discretionary as oil topped $73 a barrel.