Some of the names on the move ahead of the open.» Read More
Futures popped about 6 points at 8:30am ET, as preliminary second quarter GDP of 3.3 percent seems to have ended talk of a "formal" recession. MBIA up 17 percent pre-open, as it agreed to reinsure $184 billion of municipal bond risk from FGIC (its competitor). MBIA gets $741 million in premiums. Ambak up 13 percent in sympathy. And retailers continue to report very mixed results.
The Dow closed higher after retreating oil prices and a tame reading of core U.S. consumer prices eased inflation fears. What's the "Word on the Street?"
Although the Dow closed lower the overall tech sector showed strength on Wednesday. What's the "Word on the Street?
In Friday’s Web Extra find out how the traders are playing Williams-Sonoma, Wal-Mart and the jobs report in the week ahead.
As May begins the “I Do” season kicks into high hear. Which wedding trades could leave your wallet living happily ever after?
The Dow closed lower Thursday suffering its second straight triple-digit loss. What's the word on the Street?
Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.
Futures jumped about 6 points as both weekly jobless claims and Personal Consumption Expenditures (PCE, an indicator of the average increase in prices for domestic consumption), came in a bit below expectations.
Q: On Fast Money's Trader Radar we look at the stock that was lighting up screens across Wall Street today. Gourmet chefs love playing with products like Frittata pans and reversible meat tenderizers found at this San Francisco-based company. Their culinary creations can be served on plates and homewares from this company's other franchise: The Pottery Barn. But along with the rest of specialty retail, it's facing tough times as the housing market hits consumer spending. Who is it?
Find out which stocks Jon Najarian is selling after Tuesday’s Fed-induced pop.
Find me an analyst or an investor who's excited about this week's same store sales results. Literally, the expectations are so low for this first month of the first quarter, that any indication of a rosier March may cause volatility around share prices when the nation's biggest stores report same store sales results for the month of February on this Thursday.
Anecdotal evidence that the U.S. consumer's marathon spending spree may be slowing to a trot increases daily. By some measures, the U.S. consumer makes up about 19 percent of the world economy and 70 percent of the U.S. economy, so the health of American consumption is key.
Home goods retailer Williams-Sonoma reported a decline in its holiday same-store sales Tuesday and gave a weak outlook for the current quarter and upcoming fiscal year, sending its shares down 11 percent in morning trade.
Retail sales a clear disappointment, dropped futures even more, only good news is Fed has even more room to ease here. Citigroup reported a fourth quarter loss of $1.99, $1.03 expected. Losses were driven by write-downs (of $17.4 billion) and losses in subprime, and an increase in credit costs of $5.4 billion in the consumer loan portfolio (more signs that the consumer is slowing down).
Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas
Weakness in housing may be dragging down other stocks. Oppenheimer Chief Market Technician Carter Worth recommends a closer look.
The best stock picks for the holiday season don't come from Cramer. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Everyone has heard predictions of a tapped-out consumer. And though they haven't materialized in the past, this time is likely to be different.
The turkey’s not even in the oven, but the annual game of chicken has begun. Consumers are waiting to see if retailers grow desperate and cut prices deeper than planned.
Stocks closed sharply lower as investors remained skittish about the housing slump's toll on the economy and potential credit losses at big financial services companies.