Stocks were under pressure Wednesday, extending the previous day's sharp losses, as oil briefly crossed the $100 mark and investors remained jittery over the political unrest in Libya.
Stocks continued to slide lower for a second session Wednesday, extending the previous day's sharp losses, as investors digested a handful of weak earnings and remained jittery over the political turmoil in Libya.
Singapore's January CPI grew 5.5 percent year-over-year, its greatest jump since December 2008. The country's statistics agency cited higher car, fuel, housing and food costs for most of the increase. Singapore's Straits Times index is now down over 9 percent from its November high.
Stock index futures pointed to a slight rebound for Wall Street on Wednesday after stocks tumbled in the previous session amid growing concern over the political turmoil in Libya, where Moammar Gaddafi vowed to crush the revolution.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Geopolitical events are going to be in focus over the next two weeks, said Art Cashin, director of floor operations at UBS Financial Services.
Thirteen retailers will give quarterly results next week, but which retail name has pricing power? The "Fast Money" traders discuss.
Things are nowhere near as bad as some investors are making them out to be.
Fears that winter weather would result in disappointing retail sales may have been overblown, as several retailers have not only reported better-than-expected monthly sales reports, they are also raising fourth-quarter earnings estimates.
And then follow this strategy to profit from it.
We’ve updated this post with even more trades from the Fast Money gang.
While much of the market was focused on weakness in the Dow and S&P 500, the Fast traders were very impressed by gains in the semiconductor space.
Heading into Thursday's batch of retail sales reports, expectations are high that retailers will report their strongest sales in four years. However, as BJ's Wholesale's report showed Wednesday, there are sure to be some misses here and there.
Investors should look into stocks that offer a dividend payout, said Joseph Keating, executive vice president and CIO of CenterState Bank, and Chip Cobb, senior vice president at Bryn Mawr Trust.
Though this is traditionally a slow week, there are several underlying trends to the market.
Cramer makes the call on viewers' favorite stocks.
First it was newspapers, then music, now it's retailers. The Internet appears to be claiming its next victim—brick and mortar retail stores.
Stocks trimmed gains and turned mixed amid light volume Monday as retailers, and technology stocks slipped amid a market generally gaining support from M&A activity and as the market awaited word out of Washington on extending the Bush-era tax cuts. Caterpillar and Chevron rose, while HP fell.
Stocks turned mixed Monday as retailers were among the few sectors to struggle amid a market generally gaining support from M&A activity as well as the lack of an expected interest rate hike in China. Caterpillar and Walt Disney rose, while Intel fell.
Stocks ended the week higher despite lack of progress on a tax bill as investors looked to positive economic and corporate news. GE and Pfizer rose, while Kraft and Boeing fell.