U.S. stock index futures pointed to a flat-to-higher open on Monday, after Asian stocks plunged following poor data out of both Japan and China.» Read More
NEW YORK, March 7- Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals- it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.
NEW YORK, Feb 21- After taking a hammering during the last recession, the U.S. birth rate is expected to begin to recover in the next two years, demographers say. Major rivals, such as Gap Inc and Gymboree Co., rely more on their own stores in malls.
Companies making headlines after the bell Monday.
A number of retailers have said that traffic levels continue to struggle, and experts say the heavy promotional environment has also persisted.
Wall Street analysts are adjusting their 2014 forecasts for retail, and although they're generally cautious, they do see some positive signs.
*Apple leads tech sector lower; S&P tech index off 1 pct. All 10 S&P 500 sectors were lower, with tech among the biggest drags after Wells Fargo downgraded Apple Inc to "market perform" from "outperform," saying the company's market cap had limited upside potential without material market share gains.
A number of specialty stores have pumped the brakes on their dramatic discounts, but department stores are still offering big price cuts.
*Retailers rise; MasterCard data shows holiday sales growth. NEW YORK, Dec 26- U.S. stocks rose on Thursday, with the Dow and S&P 500 ending at record highs as retail shares rallied following strong data about the holiday shopping season.
*Retailers rise; MasterCard data shows holiday sales growth. NEW YORK, Dec 26- U.S. stocks rose on Thursday, putting the Dow on track for a record closing high for a sixth straight day as retail names rallied following strong data about the holiday shopping season.
Some of the names on the move ahead of the open.
Clothing retailers are adding more in-store bars, encouraging shoppers to mix Happy Hour and holiday errands.
Taper talk sets in as traders question whether the Federal Reserve will slow down its stimulus program in December.
*Cuts full-year earnings/share view to $1.46- $1.51 vs est $1.61. Dec 4- Apparel retailer Express Inc joined other U.S. retailers in forecasting a weaker-than-expected holiday quarter due to muted Thanksgiving sales and a highly promotional environment.
The rally is still in an uptrend, but it's looking tired. Then again, it's been looking tired for more than a week.
Some of Monday's midday movers:
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
NEW YORK, Dec 2- U.S. stocks were flat on Monday, in the wake of eight straight weeks of gains, after data indicated strengthening growth in manufacturing and construction spending increased.
Jim Cramer explains what to watch ahead of the open including eBay and Urban Outfitters. Cramer says Urban Outfitters is "missing the holidays."
Stay up late or sleep in? More Black Friday shoppers abandon early morning hours in favor of sleep.
The 2013 holiday shopping season may end up being remembered for its sharp discounts.