Forget the rally; all the headlines were about fears of the looming mini-"fiscal cliff" coming. Let's agree on one thing: get rid of the word "fiscal cliff." So 2012. We need a new term.
Some of the biggest U.S. retailers reported December same store sales on Thursday, showing both hits and misses in a still unsteady economy.
Stocks could take a break Thursday after Wednesdays' super-charged rally gave the Dow its best New Year's gain ever.
Retail sales reports from a handful of retailers on Thursday will provide another peek at holiday spending and help gauge how consumer spending is shaping up. But the expected dour reports may not foreshadow a poor 2013 for retailers.
Though the official data has yet to be released, many analysts think the holiday shopping season saw more stingy Santas this year. The question is—did online sales help retailers boost otherwise lackluster brick and mortar sales?
Despite strong sales early on, the "fiscal cliff" left shoppers hanging on the edge.
Stocks eased off their lows but still finished in the red Wednesday, as weakness in the retail sector and ongoing worries over the looming "fiscal cliff" kept a damper on gains.
Christmas 2012 is now history but retailers are hoping that you aren't done with your holiday shopping quite yet. NBC News reports.
Money is moving out of retail stocks and into a few other sectors, the CNBC "Fast Money" pros say.
Don't throw out the holiday season yet. Mastercard's data show weakness, but we have yet to hear directly from the retailers.
Some of the names on the move ahead of the open.
"What could have been a merry Christmas is going to turn to a ho-hum Christmas, and we can thank our, you know, politicians for getting in the middle of it all," said a retail analyst.
Following are 10 of the best and worst trades of the year.
Despite CEO Ron Johnson's best efforts, J.C. Penney faces steep hurdles, Durban Capital's Steve Kernkraut says.
Hear what Oracle said? Cramer thinks it may be truly illuminating.
The Americans are coming. And the Japanese and Europeans. Australia is being invaded by a swathe of foreign retailers, piling pressure on a local industry already battered by weak consumer spending and ruthless internet competition.
Armed with record cheap debt, corporate Treasurers are becoming increasingly aggressive with how they use financing.
Lululemon may be firing on all cylinders but shares are also trading at a sky-high multiple. Now what?
Markets seem to be stuck in a range, but here are three stocks that saw unusual moves Thursday.
The mobile shopping app Kickshop rewards consumers for just being in a store.