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Successful bond sales in Spain and Hungary have helped stabilize Europe (though Spain paid a substantially higher yield of 4.864 percent for the 10-year paper, well above the 4.045 percent previously), but S&P futures lost about 4 points when the weekly jobless claims report came in a bit higher than anticipated.
Stock index futures rose Thursday after a successful bond auction in Spain helped quell fears about European debt contagion.
Traders began leaving the building, mentally and physically, just after noon ET Friday, but next week is one of the biggest weeks in a long time, on all fronts.
From IPOs and earnings reports to economic data and options expiration, here’s your must-have guide for the next five trading sessions.
Following are moves you might have missed. Find out why shares of AutoNation and Jacobs Engineering popped while Nordstrom and Pier One dropped.
The Lightning Round is extended in this CNBC.com exclusive feature.
But is it too late to get in?
Stocks extended their losing streak for a third day Thursday after an unexpected jump in jobless claims rattled an already skittish market.
What follows is a roundup of corporate earnings reports for Thursday , April 8.
Auto dealers and a couple small cap retailers are standouts today. The strong GM March numbers (sales up 43% vs. 27% estimate), combined with a strong earnings report from CarMax, is moving the automotive dealers like Sonic Automotic, Penske Automotive and Lithia Motors.
Evidently Christmas came very, very early for retailers this year – in February!
Another strong round of retail sales came in this morning, with broad gains across the board in February despite wintry weather throughout much of the Midwest and East Coast.
Lowe's reported better-than-expected quarterly results on Monday and said sales would improve in 2010 as demand for remodeling projects picks up. Rival Home Depot is expected to announce earnings on Tuesday before the bell. Should investors buy Home Depot’s stock ahead of the report?
Bed Bath & Beyond reported results that topped Wall Street's expectations on Wednesday, including stronger-than-forecast same-store sales, boosting its shares in extended trading.
Don't believe the drop in consumer confidence. Shoppers may be more willing to spend again. "Consumers are clearly telling us they are beginning to get tired of saving money," says one industry pro.
Buy the rumor...sell the...Goldman Sachs down 3 percent pre-open, S&P 500 futures dropped 10 points right after Goldman reported earnings far better than expectations ($5.25 vs. $4.24). Even topline was better than consensus: $12.37 billion vs. $11.02 billion.
Following are the day’s biggest winners and losers. Find out why shares of Newmont Mining and NetApp popped while HMOs and Bank Of America dropped.
Dollar index breaking through to new lows as gold hits another high, most commodities also up 1 to 3 percent. Gold stocks up 2 to 3 percent pre-open.
Futures have drifted slightly lower. August housing starts came in in-line with expectations (though single family starts fell), but that is good news: starts have clearly bottomed in the last several months and are at their highest levels since November 2008.
Stocks snapped a three-day losing streak Thursdayas a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.