Target will hire 70,000 seasonal workers this holiday, Wal-Mart 60,000 and J.C. Penney 35,000.» Read More
The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest.
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Stocks declined Tuesday as an inflation report agitated a market already rattled by worries about the financial sector. The Dow dipped into bear-market territory during intraday trading but thinly escaped by the closing bell.
Stocks declined Tuesday as oil surged above $115 a barrel and an inflation report agitated a market already rattled by worries about the financial sector. Retail stocks also fell amid a weak outlook for consumer spending.
Stocks declined Tuesday as a much higher-than-expected jump in inflation at the producer level agitated a market already rattled by worries about the financial sector. Retail stocks also fell amid a weak outlook for consumer spending.
Stocks opened lower Tuesday as a much higher-than-expected jump in inflation at the producer level agitated a market already rattled by worries about the financial sector.
The trend in retail continues, with discounters continuing to outperform department stores: Home Depot and Target beating, Saks on the light side. Biggest problem for stocks is that we are once again on the verge of breaking the uptrend from the July lows. And housing starts at 965,000 annual units was the slowest since 1991.
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Inflation and housing data and retailers' earnings could contribute to Wall Street's early direction Tuesday. But the stock market will continue to fret over the financial sector and worry through every move in the oil markets.
Chairman of Cumberland Advisors predicts more bank failures while the managing director at Louise Yamada tells investors why now is the time to be bullish on gold. Following are today's top videos:
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The Dow edged higher on Friday, as the continued drop in oil fueled stock market optimism. However the Fast Money traders have their eye on Goldman Sachs.
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Wal-Mart earnings reveal that they are having to pay more to produce clothing. How should you trade retail if China isn't the low-cost producer it once was?
What can be expected as earnings season begins for the retailers? It was a rough start, with lower-than-expected numbers released yesterday. But with the downward movement of oil and the strengthening US dollar, retail may see an upswing.
"[The] stock market: a loser across the board. It was a loser early, it stayed a loser and became a bigger loser as the day went on," Dylan summed up Thursday's trading with that one statement, as AIG and Wal-mart lead the Dow's one-day, 225-point dive. A few lone tech stocks were the only winners in an otherwise distressed market. Adding to the bearish environment was the morning's new jobless claim numbers, the highest reported in several months.
Stocks ended near session lows as oil ended above $120 a barrel and two Dow components missed the Street's targets.
Stocks pared some losses Thursday afternoon as oil prices flattened out. Putting pressure on stocks today was a quartet of dismal news: a rise in jobless claims, oil's resurgence, Wal-Mart's sales miss and AIG's wider-than-expected loss.
The pitter-patter of little feet and the high-pitched cries of infants may seem louder lately, but it's music to the ears of many companies that cater to infants and children.
Stocks opened lower, clipped by a quartet of dismal news: a rise in jobless claims, oil's resurgence, Wal-Mart's sales miss and AIG's wider-than-expected loss. But a better-than-expected report on home sales helped shave a few points off the decline.