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CNBC's David Faber and Jim Cramer discuss Tiffany's upbeat earnings report and the Chinese influence on global growth. Cramer says rich people in China are an engine of growth for the globe.
*Tiffany& Co rises after results, JA Solar falls. NEW YORK, Nov 26- U.S. stock index futures were little changed on Tuesday, as investors looked ahead to upcoming economic data to see whether the recent equity rally has been justified.
Some of the names on the move ahead of the open.
Nov 26- Tiffany& Co on Tuesday reported a higher quarterly profit, helped by stronger-than-expected sales in Asia, and the U.S. jeweler raised its full-year forecast. The increase was most pronounced in Asia, excluding Japan. In the Americas, comparable sales rose 1 percent, helped by strong sales at the jeweler's famed Fifth Avenue flagship.
Tiffany reported a higher profit, helped by stronger-than-expected sales as business soared in China. It also raised its full-year forecast.
Nov 26- Tiffany& Co on Tuesday reported a higher quarterly profit, helped by stronger-than-expected sales as business soared in China, and the U.S. jeweler raised its full-year forecast. Tiffany reported net income of $94.6 million, or 73 cents per share, compared with $63.2 million, or 49 cents per share, a year earlier.
Phil Wahba, retail correspondent at Reuters, expects Chinese consumers to continue to be the main driver for Tiffany's as U.S. modest income earners have been pulling back.
The holiday-shortened week includes housing starts, with Wall Street looking to decide if recent signs of softening bode anything longer term.
The "Fast Money" traders share their final trades of the day.
NEW YORK, Nov 23- Frosted fairies swoop between snow-covered trees as they guide a young boy from his bed to a whimsical forest with reindeer, angels and holiday magic. It's the Macy's flagship store in New York City, where six display windows have been transformed into an animated story.
It’s nearly Thanksgiving, and ahead of the holiday Cramer plans to kick back and watch TiVo???!
As stocks sail into the holiday season at record highs, strategists are looking past any Santa rally to the volatility that could come next year.
For retailers, the outlook for this holiday season is shaping up as a mirror of the widening wealth gap of the American shopping public.
Talking Squawk showcases your favorite bands, the Obamacare mess and top stock pickers, while providing tidbits, insights and sarcastic reflections.
High-end retailers are doing well, but low-end stores are cautious and very promotional.
David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says even though interest rates are still low, it's safer to say cautious and selective in the stock market.
Many factors could affect whether shoppers open their wallets this holiday season. But one thing is clear: The pressure is on.
Jon Najarian, OptionMonster.com co-founder, discusses the bullish activity on Tiffany's. The FMHR traders weigh in on other strong retail plays.
Twitter opened for trading in 2013's most eagerly anticipated IPO and the most hyped stock flotation since Facebook went public.
BEIJING, Nov 1- China's newly minted rich can now get up close and personal to the movies after mega-screen maker IMAX Corp signed a deal to produce luxury home theatres in the company's second largest market.