Consumer confidence is slipping. Economists are revising down economic growth projections for the second half of the year. And JPMorgan Chase spacer analysts just raised their earnings estimates on luxury retailed Tiffany & Co. Sense a disconnect?
Stocks ended modestly higher after fluctuating in the final hour of trading as investors shrugged off further evidence of a slowing economy.
Stocks fluctuated in the final hour of trading as the Dow and the S&P 500 trimmed gains, but the tech stocks fueled a gain in the Nasdaq.
Tiffany’s jewelry might come in little blue boxes but its stock is red hot.
Stocks slumped, led by materials, after an unexpected gain in jobless claims and after a second reading on first quarter economic growth was reported as unchanged.
Stock index futures lost steam after a gain in jobless claims and after a second reading on first quarter economic growth was reported as unchanged.
The second estimate for Q1 GDP remained at 1.8 percent growth—that is a disappointment. Almost everyone was expecting the revision to be at least north of 2 percent. Initial jobless claims, at 424,000, was above expectations, another disappointment.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
President Obama meets his peers, Tiffany reports earnings after the earthquake and Google jumps into the mobile payment game. Here's what we're watching...
Thursday rolls around again, and so do weekly jobless claims, the new nail-biter number traders are watching.
Newt Gingrich “standard, no interest” $500,000 credit line with the luxury jeweler has been getting a lot of attention.
The "Mad Money" host explains why and reveals how to trade it.
"My sense is it's not about the dollar getting stronger. It's about the euro getting weaker. I think there's been a bit of erosion in sentiment in part because of the politics in Washington over the deficit," says a chief currency strategist.
Existing home sales, mortgage delinquencies, and MBA mortgage foreclosures data released Thursday were disappointing. The data continue to suggest that we are undergoing a very slow, unbalanced, and tenuous economic recovery.
Continued lofty predictions for luxury growth in China come just in time as Japan most likely wont be a source of growth any time soon and in the US investors can’t help wonder how will high-end retailers pull off an encore of last year?
According to Renaissance Capital, there have been 913 IPOs that have come to the U.S. market since 2005. In that period, just 9 companies have priced more than 25% above the high end of their original price range.
The Fast Money pros are very focused on a few signals that could telegraph the next big move.
Some companies spring from a single idea or a single innovation, while others take a detour. Some of the biggest brands and biggest companies today were created from a detour.
During the recession, mothers were the first to cut back their spending, but now that consumers are feeling more upbeat, it's time to give back.
Bullish weak dollar trades? Jon Najarian says big money is betting that the dollar will stabalize.