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Stocks advanced Monday as investors were encouraged by economic reports out of China and the U.S. and shrugged off the General Motors bankruptcy filing.
Last night debt-laden Toys R Us thrust itself into the high-end toy business by purchasing struggling toy chain FAO Schwarz. The two toy chains are surviving thanks in part to the financial backing of three prominent private equity firms.
The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.
Most of the large retailers have reported, and the results are better than expected, at least on the bottom line.
Bargain hunters were driving a lunchtime rally on Thursday with sentiment buoyed by retail, technology and banks. We may be in the green but are we in the clear?
Stocks lost more than 2% Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.
As if the retail sales report wasn't depressing enough, it looks like our newfound frugality might not be just the latest fad. Retail Forward is out with a survey that spells more bad news for women's apparel retailers, particularly for those who cater to those with champagne wishes and caviar dreams.
Stocks declined Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. A brief reprieve after the business-inventories report and comments from President Obama fizzled.
Stocks pared their losses Wednesday after a report showed business inventories shrunk at a slower pace and remarks from President Obama on health-care reform. Still, stocks remained under pressure as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.
A bit toppy here. S&P futures are down again this morning and are now about 39 points (4.2 percent) off our recent high on May 7th.
Stock index futures indicated a lower opening for Wall Street Monday, as bank shares continued to struggle and investors looked for guidance on the strength of the economy from retail sales numbers.
Good news from Intel will compete with fresh economic data and a speech by the Treasury secretary for investors' attention ahead of the opening Wednesday. Retail sales and import prices for April, plus business inventories data for March are also due.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
Comments made by Intel CEO Paul Otellini after hours could be bullish for stocks.
Following are Tuesday's Fast & Furious trades at the half - hot ways to play market moving events into the close.
With all the sideways action, is this market headed for a breakdown or a rebound?
The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
Following are Monday's “Fast & Furious” trades - the key questions into the close!
Following are the “Fast & Furious” trades - hot ways to play Monday's market moving events.
S&P up over 5 percent this week, you would think the entire market is rallying. Think again. Lift the hood a little, and you will see big-time rotation going on.