S&P futures had popped about 5 points as initial jobless claims were better than expected, and at 407,000 the lowest since July 2008. Also: Luxury retailers keep rolling; Deere falls on mixed earnings; big BP natgas find.
Stocks were poised to open higher Wednesday after reports on the labor market and consumer spending pointed to an improving economy and as investors shifted their focus away from tensions between the two Koreas and European debt worries.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 24.
The dollar is finding friends, as it always does when the world looks a little shaky.
Cramer makes the call on viewers' favorite stocks.
Tuesday's economic headlines should show that the third quarter grew at a slightly better rate than reported, but the Fed's view of next year is likely to be worse than its previous forecast.
Due those reports of a 'sweeping insider trading probe' have the potential to rock Wall Street? Should you assume bank stocks are seriously challenged now?
Traders expect a short and sweet Thanksgiving week, where investors will be reluctant to make new bets and markets could actually trade quietly.
Cramer digs through apparel and food plays to help you make mad money off the Middle Kingdom.
Here's why you should keep a close eye on these six stocks.
Here’s where the next leg of that move will come from.
Plus, a call on the energy stocks.
Just in time for the holidays, it looks like the luxury consumer is back. “We’ve been hearing that luxury goods sales globally, have been accelerating, and it’s in all categories, whether it is watches and jewelry or whether it is fashion and leather goods," said Dana Telsey, chief information officer at Telsey Advisory Group, in an interview on CNBC. "The demand is there.”
After several years of belt-tightening, it may be time to lavish those you love with something more extravagant this holiday season. Click for gift suggestions to splurge on for the person who has almost everything.
Coach shares reached its highest since 2007 on Tuesday after the luxury retailers trumped analyst expectations, posting a 34 percent growth in quarterly earnings. The brand's Chief Executive Lew Frankfort tells CNBC how they did it and what's in store for the future.
Coach has confirmed that global luxury brands are in good shape. Coach reported astonishing numbers, well above expectations (gross margins of 74.2%!) with strength not just in Asia but also in the U.S.
Art Deco is a style of fine jewelry whose worth remains solid whether or not the economy is dipping or climbing. Naturally, its prices rise when times are flush.
Fast trader and retail queen Patty Edwards thinks this holiday may be better than the Street thinks. Get her latest retail trades in this web exclusive post!
I know. It’s insensitive. But it’s the reality. Because there are more people now who can’t afford tickets to a game—or at least say that tickets would make up to too large of a percentage of their total income—teams have had to cater to the people who are raking in money during these hard times.