We are in the meat of earnings season for retailers, and there are very clear winners and losers emerging.» Read More
This sector is "very vulnerable," Cramer says, and needs Congress to act quickly.
Teens across the nation have spent their summer vacations battling high gas prices, competing for jobs in a weak part-time employment market, and making do with smaller contributions from cost-conscious parents, said Portfolio.com
Price matters. And it's just as important for stocks as it is for anything else you'd buy.
A recent earnings beat has Cramer thinking this stock is a winner.
Following are the day’s biggest winners and losers. Find out why shares of United Airlines and Smuckers popped while Tesoro and La-Z-Boy dropped.
Morgan Keegan's Brad Stephens isn't waiting for the upcoming wave of retailers' earnings to pick his favorite stocks in the sector, but he cautions investors that they might be overpriced -- for the time being.
Will the Olympic games in Beijing (starting tonight on NBC) provide a boost to apparel companies Nike and Polo Ralph Lauren, which are both official sponsors?
Stocks rallied Friday as a more than $4 a barrel drop in oil prices offset the drag of Fannie Mae's earnings miss. It's going to be the same story next week: Energy prices. Even if there are disappointments in CPI or Wal-Mart's earnings, investors are expected to overlook them as the drop in gas prices puts more money in consumers' pockets.
All major U.S. Indices ended the week in positive territory, led by a 4.46% gain in the NASDAQ Composite Index. Commodity prices continued to fall broadly across the board, with oil prices tumbling $9.90 this week.
For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
For the week ending Friday, May 30, 2008, the markets finished up, with all major indices increasing ~1.3% or higher for the week. Only the Dow declined for the month, shedding 1.42%. The NASDAQ reached its third consecutive monthly gain , up 4.55% for the month. The markets were encouraged by better than expected earnings from retailers and strong results from Dell. U.S. GDP for 1Q also helped lift stocks up, as it rose 0.9% at an annual rate , better than the previous estimate. Crude Oil also retreated to lower levels.
On Wednesday a sharp gain in U.S. business investment offset renewed credit market jitters and oil rebounded to over $131 a barrel. What's the "Word on the Street?"
Stocks closed at their highs for the day after bouncing up and down throughout the session.
Cramer says he likes Emerson, Ralph Lauren and Nucor, too.
Dow's CEO, Andrew Liveris, noted that first quarter feedstock and energy costs were up "a staggering 42 percent," putting strains on the company and its relations with customers. For most chemical companies, price increases have failed to keep up with raw material increases.
Oil prices will continue to roil the stock market this week as the summer driving season officially kicks off and as more companies feel the pinch of higher energy prices on their profit margins.
The week was chock full of economic angst and M&A intrigue. But one dark constant loomed over all ... rising oil prices.
Ron Baron likes casinos and fancy clothes. The chairman and chief executive of Baron Capital joined CNBC's "Billionaire Summit" -- a select group of the world's most successful businesspeople -- to offer his investment outlook.
CNBC asked some of the world's most successful businessmen for their take on the markets and the economy.