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  • Shares of Tesla fell 5 percent to $211.53 after analysts expressed doubts about the electric carmaker's ability to deliver vehicles ahead of schedule. Retailers and other discretionary shares declined, with L Brands dropping 12 percent to $70.54 after posting lower-than-expected monthly comparable sales. "Weekly jobless claims came in a bit higher than...

  • It’s time to bet on the consumer

    Andrew Keene of AlphaShark discusses the consumer staples ETF and why investors should take advantage of its rise.

  • BROOKFIELD, Wis. _ Fiserv Inc. on Thursday reported first-quarter earnings of $289 million. Fiserv expects full-year earnings in the range of $4.32 to $4.44 per share. Fiserv shares have climbed 8.5 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • NEW YORK, May 5- U.S. stocks gave up big early gains on Thursday as consumer discretionary shares fell and investors showed caution ahead of the April jobs report.

  • What will break the S&P out of its range?

    The S&P has pingponged between the same high and low for two years. Phillip Streible of RJO Futures and Kim Forrest of Fort Pitt Capital discuss with Michelle Caruso-Cabrera.

  • April jobs report could hurt gold’s rally

    What will the April jobs report mean for gold? Phillip Streible of RJO Futures and Kim Forrest of Fort Pitt Capital discuss with Michelle Caruso-Cabrera.

  • *S&P 500 erases earlier gains. NEW YORK, May 5- U.S. shares erased earlier gains on Thursday after oil prices eased from their highs, removing some support from energy shares and risk appetite, while benchmark Treasury yields hit more than two-week lows ahead of the April U.S. employment report due Friday. U.S. crude prices jumped by more than 5 percent before paring...

  • May 5- Wall Street gave up early gains and slipped into the red in afternoon trading on Thursday, dragged down by consumer discretionary stocks and retreating oil prices. Oil prices had jumped on concerns that a huge wildfire in Canada's oil sands region and escalating tensions in Libya would hit supply, but later slipped well off their highs.

  • *Weekly jobless claims rise more than expected. May 5- Wall Street trimmed early gains but remained higher in afternoon trading on Thursday as a rise in oil prices boosted energy shares, and investors awaited U.S. jobs data on Friday. Oil prices jumped about 3 percent as a huge wildfire in Canada's oil sands region and escalating tensions in Libya stoked concerns...

  • "The market is starting to struggle a bit," said Karl Setzer, a market analyst at MaxYield Cooperative. At 10:45 a.m. CDT, Chicago Board of Trade soft red winter wheat for July delivery was down 8-1/ 4 cents at $4.63 a bushel. K.C. July hard red winter wheat was 5 cents lower at $4.52-3/ 4 a bushel.

  • *Weekly jobless claims rise more than expected. May 5- The S&P 500 and the Dow were higher in late morning trading on Thursday as a rise in oil boosted energy shares, but gains on Nasdaq were limited as Tesla dragged. Oil prices jumped about 3 percent as a huge wildfire in Canada's oil sands region and escalating tensions in Libya stoked concerns among investors of a...

  • *S&P 500 gains after two days of losses. NEW YORK, May 5- U.S. and European stock markets recovered on Thursday after a rebound in oil prices boosted energy shares, with some strong European earnings reports also supporting stocks in the region, while the dollar rose ahead of Friday's U.S. employment data. Oil prices jumped 2 percent as a huge wildfire near Canada's...

  • CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was 5 cents lower at $4.5540 a bushel; May corn was 1.50 cents lower at $3.7160 bushel; May oats was 3.50 cents lower at $1.7940 a bushel; while May soybeans gained 6.25 cents to $10.1820 a bushel. June live cattle was. 83 cent higher at $1.1828 a pound; May...

  • NEW YORK— Stocks closed mostly unchanged on Thursday, as an earlier rally in oil prices faded and investors waited for the release of a closely watched jobs report on Friday. The Dow Jones industrial average rose 9.45 points, or less than 0.1 percent, to 17,660.71. The Standard& Poor's 500 index fell 0.49 of a point, less than 0.1 percent, to 2,050.63 and the Nasdaq...

  • *Weekly jobless claims rise more than expected. May 5- U.S. stocks opened higher on Thursday as oil rose for the first time this week, helping boost energy shares, and investors awaited the monthly jobs data on Friday. Oil prices jumped more than 3 percent as a huge wildfire near Canada's oil sands region and escalating tensions in Libya stoked concerns among...

  • DEARBORN, Mich.— Ford says it is investing $182 million in a San Francisco software development company called Pivotal. The Dearborn, Michigan, automaker says the investment will sharpen its software expertise as it moves toward becoming a mobility company. Ford Motor Co. shares rose 2 cents to $13.33 in morning trading Wednesday.

  • BETHPAGE, N.Y. _ Cablevision Systems Corp. on Thursday reported first-quarter profit of $94.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Cablevision shares have climbed 8 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • NEW YORK— The Latest on developments in financial markets:. U.S. stocks ended the day nearly flat as indexes stabilized after two days of losses. Energy companies rose with the price of oil and health care stocks advanced.

  • CHANDLER, Ariz. _ Microchip Technology Inc. on Wednesday reported fiscal fourth-quarter profit of $67.4 million. Microchip Tech expects full-year earnings in the range of 70 cents to 79 cents per share. Microchip Tech shares have climbed 4 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • NORTHBROOK, Ill. _ Allstate Corp. on Wednesday reported first-quarter profit of $246 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. Allstate shares have climbed 5 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.