Jim Cramer worries that declines in these stocks could lead you to a very wrong conclusion.» Read More
Although stocks climbed modestly on Tuesday, dig down into the market and Cramer says you’ll find fundamentally bullish developments.
The market is schizophrenic. It's time for the Fed to get lost — and let the recovery chug along on its own, says Michael Farr.
NEW YORK, May 21- U.S. stocks rose on Wednesday, rebounding from the previous day's broad selloff, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use. Goldman Sachs was the top gainer on the blue chip index, up 1.9 percent at $159.35.
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
Former Bloomingdale's CEO Michael Gould said there's an underlying issue in retail: There's not enough risk-taking or newness.
*Fed meeting minutes due out at 2:00 p.m. EDT. NEW YORK, May 21- U.S. stocks rebounded on Wednesday after a broad selloff in the prior session, ahead of the release of minutes from the most recent meeting of the U.S.
May 21- Tiffany& Co raised its full-year profit forecast after the jewelry chain reported better-than-expected quarterly results as new collections drove sales in the United States, its biggest market.
After a batch of new earnings reports, the overall trend remains the same: disappointing.
NEW YORK, May 21- Wall Street was set for a modestly higher open on Wednesday, with the S&P 500 on track to rebound from a broad selloff in the prior session ahead of the release of minutes from the most recent meeting of the U.S.
May 21- Tiffany& Co raised its full-year profit forecast after the company reported stronger-than-expected quarterly results as its increasing focus on lower-priced jewelry attracted customers in the United States, its biggest market. The company raised its earnings forecast for the year ending Jan. 31 to $4.15- $4.25 per share from $4.05- $4.15 per share.
*New York Federal Reserve President William Dudley said on Tuesday inflation should "drift upwards" towards the Fed's 2 percent goal, but a swift climb in inflation was unlikely; Philadelphia Fed President Charles Plosser said the $2.5 trillion in reserves accumulated by banks could be the trigger for more rapid inflation.
Some of the names on the move ahead of the open.
Tiffany & Co reported a 13 percent rise in sales as the company's increasing focus on lower-priced jewelry attracted U.S. customers.
May 21- Tiffany& Co reported a 13 percent rise in quarterly sales as the company's increasing focus on lower-priced jewelry attracted customers in the United States, its biggest market. Net profit rose to $125.6 million, or 97 cents per share, in the first quarter ended April 30 from $83.6 million, or 65 cents per share, a year earlier.
U.S. stock index futures signaled a higher open, despite ongoing concerns about weak earnings and global central bank policy.
Fed watchers could be spiced up with some new information on the Fed's post-bond buying strategy, which may lead to even more market volatility.
Stocks are likely to take their cue from the bond market, as traders worry low yields are a warning the economy isn't springing back.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
BEIJING/ SAN FRANCISCO, May 14- Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
Some of Thursday's midday movers: