September retail sales drop 1.5 percent, biggest decline in 9 months, as auto sales plungeOctober 14th, 2009 Retail sales fall 1.5 percent in SeptemberWASHINGTON — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. The Commerce Department says retail sales dropped 1.5 percent last month.
US stocks gain on Bernanke optimism, retail salesSeptember 15th, 2009 NEW YORK - US stocks climbed to new highs for 2009 as retail sales gained by the most in three years and Federal Reserve Chairman Bernanke said the country's recession was "very likely" at an end. Bernanke said there was general agreement among economists that the US would return to growth in the third quarter of this year and continue to pick up in 2010.
Stock futures gain ground after 4 days of losses ahead of data on jobs, retail salesSeptember 3rd, 2009 Stock futures up ahead of jobs, retail sales dataNEW YORK — U.S. stock futures are pointing to a higher opening Thursday as investors await reports on two of the economy's biggest problem areas: jobs and consumer spending.
Stocks trade flat after recent losing streak, jobs and retail data fail to lift stocksSeptember 3rd, 2009 Stocks trade flat after jobs data, retail salesNEW YORK — Stocks barely budged Thursday as investors found little in a series of economic reports to push the market higher after a four-day slide. The Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
Stocks rise at opening after latest report on jobs market, retail salesSeptember 3rd, 2009 Stocks open higher after jobs data, retail salesNEW YORK — Stocks are rising in early trading, breaking a four-day losing streak after the latest reading on the jobs market and mixed retail sales reports. The gains in stocks come as the Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
Stock futures point to higher opening after latest report on jobs market, retail salesSeptember 3rd, 2009 Stock futures higher after jobs data, retail salesNEW YORK — Stocks are looking to break a four-day losing streak Thursday after the latest reading on the jobs market and mixed retail sales reports. Stock futures had been rising in early trading, following overseas markets higher, and held on to most of their gains after the Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
Stocks edge lower in early trading after durable goods order report, breaking winning streakAugust 26th, 2009 Stocks dip at open after 6-day advance in the DowNEW YORK — Stocks edged lower in early trading Wednesday as investors awaited more data on the housing industry. The dip in stocks came after a more than 400-point jump in the Dow Jones industrials in just six days.
Stocks turn lower in early trading after weak retail sales, jobs reportsAugust 13th, 2009 Stocks edge lower after jobs, retail dataNEW YORK — Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors' optimism about the economy. Investors sent the major indexes slightly higher at the opening, but stocks failed to hold on to the gains and extend Wednesday's big rally, which followed upbeat comments from the Federal Reserve.
Stocks open slightly higher after retail sales, weekly unemployment reports, Wal-Mart earningsAugust 13th, 2009 Stocks creep higher after jobs, retail dataNEW YORK — Stocks are pushing moderately higher after a better-than-expected earnings report from Wal-Mart helped to offset disappointing data on jobs and retail sales. Investors are hesitantly adding to Wednesday' big gains, which came after upbeat comments from the Federal Reserve.
Stock futures giving up gains after retail sales, weekly unemployment reportsAugust 13th, 2009 Stock futures give up gains on jobs, retail dataNEW YORK — Stock futures gave up some of their gains Thursday after reports on retail sales and jobless claims fell short of expectations. A day after stocks rallied on upbeat comments from the Federal Reserve, new reports showed retail sales fell unexpectedly in July and more workers are filing for unemployment benefits.
Stocks decline modestly in early trading on mixed earnings; investors grow cautiousJuly 28th, 2009 Stocks fall modestly in early tradingNEW YORK — Stocks are falling modestly in early trading despite a better-than-expected report on retail sales. The U.S. market has risen sharply throughout the spring and summer on hopes of a recovery.
World markets await Goldman Sachs earnings, US retail sales dataJuly 14th, 2009 World markets await Goldman Sachs, US retail salesLONDON — World markets rallied Tuesday, with Japan's main index snapping a nine-day losing streak, as investors expected U.S. banks to report upbeat second quarter earnings.
Brazil stocks down again after US reports job lossesJuly 3rd, 2009 Brazil stocks down again after US job lossesSAO PAULO — Brazilian stocks are down for the second day in a row after weak U.S. jobs data raised doubts about recovery for the world's biggest economy.
Asian markets snap four-day losing streak after US economic data but caution lingersJune 19th, 2009 Asian stocks snap 4-day loss streak after US dataHONG KONG — Asian stocks were mostly higher Friday as a string of upbeat U.S. economic reports reinforced hopes of a recovery in the world's largest economy and helped arrest the region's four-day slide.
Stocks trade in tight range after surprise drop in continued jobless claims; retail sales dataJune 4th, 2009 Stocks mixed after data on jobs, retail salesNEW YORK — Cautious traders are looking for more than just any sign of improvement in the economy. Stocks zigzagged in a narrow range Thursday after the number of unemployed workers continuing to receive benefits unexpectedly dropped for the first time in 20 weeks.