September retail sales improve but some barely match 2005, SpendingPulse reportsOctober 6th, 2009 September retail sales improve but still weakNEW YORK — U.S. retail sales figures from a key data service show signs of a rebound in September from last year's deep plunge.
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.
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.
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.
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 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.
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.
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.
US stocks in sell-off as retail sales fallMay 14th, 2009 NEW YORK - The US stocks fell sharply as retail sales in the country dropped unexpectedly in April. The Commerce Department said Wednesday the retail sales dropped 0.4 percent in April for the second straight month, surprising analysts and signalling that the country's economic downturn continues to depress consumer demand.
Brazil stocks edge higher after being battered in previous sessionMay 14th, 2009 Brazil stocks up after falling in previous sessionSAO PAULO — Brazil stocks are edging higher after shares of the nation's big companies were battered during the previous session. Sao Paulo's Ibovespa index was up 0.3 percent to 48,812 during the first 30 minutes of trading.
Treasurys rise as investors pull out of stocks after unexpected drop in retail salesMay 13th, 2009 Investors jump into Treasurys as retail sales fallNEW YORK — Unexpected weakness at the nation's retailers fanned concerns about the health of the economy and boosted demand for the safety of government debt Wednesday. Treasury prices jumped as stock market investors worried that the optimism that fed a two-month surge in stocks off of 12-year lows in March might have been overdone.
Wall Street falls in midday trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 170NEW YORK — Wall Street is falling sharply after the government reported weaker-than-expected retail sales in April. The market is putting a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.
US retail sales plunge in DecemberJanuary 14th, 2009 WASHINGTON - Retail sales in the US plunged in December as holiday shoppers cut back on spending and ignored big sales incentives, the Commerce Department said in its initial estimate Wednesday. Sales tumbled to $343.2 billion, down 9.8 percent compared to December 2007 and down 2.7 percent from November, worse than economists expected.
Retailers urged to cut price to boost demandDecember 31st, 2008 MUMBAI - Retailers should cut prices in the next six months to clear inventories and push sales, an industry representative said here Thursday. 'Retailers may reduce prices in the next few months in an effort to make people buy more.
Loading ...