123jump.com Staff
30 Nov, -0001
New York City
After three positive days of trading market averages took a breather. Unemployment claims report, disappointing July retail sales and higher oil price led market decline. Teenage retailers remain star of the retail sales. Abercrombie, Urban outfitters, American Eagle keep taking market share away from Limited, Gap and other established store chains.
123jump.com Staff
30 Nov, -0001
New York City
Teenage retailers remain the star of the retail sales report. Abercrombie, Urban outfitters, American Eagle keep taking market share way from Limited, Gap and other established store chains. Crude oil and gold is up but silver and copper is trading lower. Exxon Mobil's CEO and Chairman to retire at the end of this year.
123jump.com Staff
30 Nov, -0001
New York City
Teenage retailers remain the star of the retail sales report. Abercrombie, Urban outfitters, American Eagle keep taking market share way from Limited, Gap and other established store chains. Crude oil and gold is up but silver and copper is trading lower.
albena
30 Nov, -0001
New York City
Stocks are poised to open lower on Thursday, as some profit-taking is expected at opening after a slight recovery of the futures market on a couple of good results across Europe. With little economic news scheduled for today, trading may be dull ahead of July unemployment report due Friday. Investors are likely to refrain from taking positions as oil prices edged up. Same-store sales at Wal-Mart rise 4.4% in July.
123jump.com Staff
30 Nov, -0001
New York City
Whie broader market average S&P and Nasdaq stay near four-year highs, commodities oil, copper, silver and gold climb higher. Coroporate earnings continue to surpass expectations of most investors. In the coming days market will be looking for unemployment data on Thursday and Fed's decision on interest rate on Tuesday. Sara Lee, Pixar and Gillette are scheduled to release on earnings on Thursday.
albena
30 Nov, -0001
New York City
Stocks moved lower pressured by fluctuating oil and weaker dollar. Weaker-than-expected earnings at Time Warner and Adidas-Salomon's $3.8 billion acquisition of Reebok International were also in the spotlight. Bond prices climbed as the Treasury Department announced the return of the 30-year bond, to be issued after a five-year interval. The Energy Department reported an unexpected rise in weekly U.S. crude supplies but a bigger-than-expected drop in gasoline supplies.
albena
30 Nov, -0001
New York City
Stocks declined Wednesday morning amid record crude prices and weaker dollar. U.S. light crude oil for September delivery hit an all-time trading high of $62.47 a barrel ahead of the weekly oil inventory report due at around 10:30 a.m. Weaker-than-expected earnings at Time Warner and Adidas-Salomon's $3.8 billion acquisition of Reebok International were also in the spotlight.
albena
30 Nov, -0001
New York City
Futures eased Wednesday morning, pointing to a lower opening as crude reached a new high and the euro climbed vs. the dollar. The Mortgage Bankers Association
albena
30 Nov, -0001
New York City
The falling oil prices and the upbeat economic readings helped U.S. stocks extend early gains Tuesday. Another round of better-than-expected earnings fueled the good sentiment. June factory orders rose 1% in line with expectations and followed an upwardly revised gain of 3.6% in May.
albena
30 Nov, -0001
New York City
The falling oil prices and the upbeat economic readings helped U.S. stocks gain ground in early trading. Comcast posted better-than-expected earnings, Qwest
albena
30 Nov, -0001
New York City
Futures were up in early trading, pointing to a slightly higher opening Tuesday after crude oil prices retreated from record highs. Ahead of weekly inventory data crude-oil futures still hover around $61 a barrel, down around 1%. Investors will also focus on the June personal income and factory-order reports due today and on another round of earnings reports.
albena
30 Nov, -0001
New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity across many industries. The 26 month manufacturing expansion continues at a healthy pace.
Elena
30 Nov, -0001
New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity across many industries. The 26 month manufacturing expansion continues at a healthy pace.
123jump.com Staff
30 Nov, -0001
New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity for the 26th month.
albena
30 Nov, -0001
New York City
After most of the S&P 500 already reported their quarterly earnings, investors will have to shift their focus to oil prices and the economy releases. Other companies to report include Tyson Foods, Devon Energy, Entergy, Ivax and Unocal, HSBC and ABN Amro Bank.
