Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
June retail sales report: better than most expected, but not a game changer. Numbers were good for the most part, but not enough to change anyone's opinion. The back half remains murky due to the macro data, which right now does not support a robust recovery.
Most bank stocks were higher on Friday after Congress reached a deal on financial reform. Nick Kalivas, vice president of financial research at MF Global and Jim Meyer, CIO and co-founder of Tower Bridge Advisors offered their insights—and 14 favorite stocks.
The fact that the euro rallied Thursday and the S&P didn’t is extraordinarily negative, says Guy Adami. It seems to me that we’re on the edge of something.
In the wake of lackluster same-store sales results, should you put any retailers on your radar?
Stocks eked out a gain after some late-session turbulence, led by techs. Energy stocks rebounded from the bottom of the pack to the No. 2 behind tech. Financials ended lower.
Stocks turned lower on Thursday, led by energy and financials, amid the strengthening dollar and a pair of credit downgrades on BP. Techs were among the best performers.
Stocks pared their gains Thursday after a report showed the services sector grew for a fifth straight month but wasn't a blowout number. Stocks had opened higher after a pair of encouraging employment reports.
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
U.S. stock index futures pointed to a higher open Thursday as investors waited for the next batch of key economic data in the hope that the economic recovery was gaining momentum.
Markets are already looking ahead to Friday's jobs report, and for that reason, even more weight than usual will be given to Thursday's weekly jobless claims and ADP's private sector jobs data.
Analysts are expecting retailers to post higher same-store sales in May, but with trends showing some signs of consumer spending weakening from the start of the year, investors are grappling with the bigger question regarding the state of the consumer.
Two stocks enter the Mad Money Thunderdome, but Cramer thinks only one will leave investors with profits in hand.
Investors are at wits end trying to determine if recent weakness is nothing more than a correction or if it signals a sea change in business prospects. How should you position?
What follows is a roundup of corporate earnings reports for Thursday, May 27.
Stocks ended the session on a high note, led by energy, tech and financials. The Dow gained more than 250 points while other major averages also finished strongly.
U.S. stock-index futures pointed to a strong open on Wall Street Thursday, helped by more strength from European stock markets and China's assurance it is not planning on getting rid of European debt.
The sovereign debt crisis in Europe may be a silver lining in the U.S., said Jeffrey Kleintop, chief market strategist at LPL Financial. He explained why he believes the markets will rebound.
Warren Buffett's Berkshire Hathaway sold a lot of stock during the first three months of the year, including a reduction of over 31 million shares for its stake in Kraft Foods spacer. That sale follows his outspoken criticism of Kraft and its management for acquiring Cadbury's. Berkshire has also been raising money to pay for its now-completed $26 billion acquisition of the freight railroad Berkshire Hathaway Santa Fe.
Does weakness in Europe signal the beginning of a global bear market or is it a fear-driven buying opportunity?