Stocks bounce up after recent losing streak, gain in early going on jobs and retail sales dataSeptember 3rd, 2009 Stocks move higher after jobs data, retail salesNEW YORK — Stocks moved higher in early trading Thursday, breaking a four-day losing streak after the latest reading on the jobs market and mixed retail sales reports. The moderate gains in stocks came as the Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
US stocks post gains on back of financialsAugust 14th, 2009 NEW YORK - US stocks rose Thursday led by the banking sector and sweeping aside reports of a decline in retail sales. The bank rally was spurred after the firm of a prominent hedge fund investor, John Paulson, bought shares in troubled Bank of America Corp and Regions Financial Corp.
Correction: Story on retail sales and the economyAugust 14th, 2009 Correction: Story on retail sales and economyWASHINGTON — In an Aug. 13 story about July retail sales, The Associated Press reported erroneously that Wal-Mart Corp.'s second-quarter earnings fell.
Stock futures rise sharply ahead of unemployment, retail sales reportsAugust 13th, 2009 Stock futures increase after upbeat Fed outlookNEW YORK — Stock futures are sharply higher Thursday, a day after investors welcomed upbeat comments from the Federal Reserve. With the Fed reinforcing beliefs that the economy is stabilizing, investors will look for further clues about the nation's recovery Thursday when the government releases data on jobless claims and retail sales.
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.
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.
US stock futures mixed in narrow range as investors await reports on jobs, retail salesAugust 6th, 2009 Futures mixed ahead of jobs, retail sales reportsNEW YORK — U.S. stock futures are mixed in a narrow range as investors refrain from making big bets ahead of reports on retail sales and the labor market.
Stocks open slightly lower after mixed earnings; investors await new home sales updateJuly 27th, 2009 Stocks slip at open amid mixed earningsNEW YORK — Stocks are slightly lower in early trading Monday amid a handful of mixed earnings reports. RadioShack Corp., like many other companies, said its second-quarter earnings rose as it cut costs.
US stocks crawl higher after Goldman Sachs earningsJuly 15th, 2009 NEW YORK - US stocks edged up Tuesday after Goldman Sachs posted surprising quarterly earnings and retail earnings rose by the most since January. Goldman Sachs overwhelmed Wall Street expectations, earning $2.7 billion in the second quarter of the year despite the ongoing economic crisis, its best performance since a record year in 2007.
Wall Street sees moderate buying as investors hunt for beaten-down shares after week's slideMay 14th, 2009 Retail stocks pull bargain hunters into marketNEW YORK — Investors cautiously returned to Wall Street Thursday, lured by better-than-expected earnings at several big retailers. The buying was subdued after a worse-than-expected weekly unemployment report added to investors' growing concerns that the economic recovery might not come as quickly as hoped.
Investors lock in profits after unexpected drop in new jobless claims, upbeat retail salesMay 9th, 2009 Stocks fluctuate as investors lock in profitsNEW YORK — Stocks fluctuated early Thursday following upbeat reports on the job market and sales at major retailers. With major stock market indexes already up as much as 4.8 percent for the week, investors locked in some profits.
Unexpected drop in new jobless claims, upbeat retail sales reports send stock futures higherMay 8th, 2009 Futures rise on jobless claims, retail sales dataNEW YORK — Wall Street bounded toward a higher open Thursday as investors got pleasant surprises from the job market and major retailers. Government data showed that new claims for jobless benefits unexpectedly dropped last week to their lowest level since January.
Stocks signal higher open on better-than-expected profit reports; reports due on jobs, homesApril 23rd, 2009 Stocks point higher on profit surprisesNEW YORK — Stocks are pointing to a higher open Thursday after stronger-than-expected earnings from a handful of companies boosted hopes that the economy could be stabilizing. Several companies are offering investors nuggets of optimism: Profits at Apple Inc.
Stock futures pull of of highs as weekly unemployment claims rise more than expectedApril 23rd, 2009 Rise in jobless claims weighs on stock futuresNEW YORK — Stocks futures are weakening after weekly unemployment claims rose more than expected. The Labor Department reported Thursday that new jobless claims rose to 640,000 last week.
US stocks pare losses upon mortgage dealJanuary 8th, 2009 NEW YORK - US stocks rebounded from the day's lows and ended mostly higher Thursday after a deal to prevent more foreclosures offset concerns over jobless data and sales slump. The news that US Democratic lawmakers reached an agreement with Citigroup Inc.
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