Stocks continued to stall after last week's broad market rally and closed lower across-the-board Tuesday as the dollar rose. Bank of America and Kraft fell, while Exxon rose. .
Stocks extended losses as the closing bell neared, pulling back from last week's rally to two-year highs, as the dollar rose. BofA fell, while Exxon rose.
The equity markets turned positive Wednesday and Thursday, and some analysts believe it is a sign of things to come. One such analyst is Scott Billeadeau, director of small and mid-cap growth strategies at Fifth Third Asset Management.
Following the success of the full body Speedo LZR racer over the past couple years, the swimsuit business dramatically changed. Some companies, either not willing to spend money to keep up with the newest slick versions or not confident that they could generate enough sales at high price points to make the endeavor worth it, left the business.
Morgan Keegan's Brad Stephens isn't waiting for the upcoming wave of retailers' earnings to pick his favorite stocks in the sector, but he cautions investors that they might be overpriced -- for the time being.
Despite inflationary pressures on the consumer, retail CEOs told CNBC why they remain optimistic.
To give investors an edge, CNBC asked the experts for their best trades now.
By anyone's reckoning, it was a rough week. Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged. But all week, even through the worst of the market's sell-offs, CNBC guests offered
With the third quarter just around the corner, Morgan Keegan senior analyst Brad Stephens offered CNBC some ideas about buying retail stocks.