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Stocks remain under pressure as the trade war against China worsens. The S&P 500 was positive for most of last week, but then came a quick succession of events on Friday morning. First, Beijing imposed tariffs on an additional $75 billion of U.S. products....
Retail stocks rebounded from a selloff last week as investors shrugged off tariff fears and looked for strong earnings into the holidays. Target (TGT), Home Depot (HD), Lowe's (LOW) and Nordstrom (JWN) are among the market's biggest gainers in the last week. Some had...
"Sell in May and go away." Will the old adage work this year? The S&P 500 fell 6.6 percent in May as geopolitical fears and weak earnings hammered sentiment. It was the first losing month of 2019, and included four consecutive negative weeks. Virtually every...
Stocks extended their longest losing streak of the year as trade fears worsened, but held a key level as investors adapted to the uncertainty. The S&P 500 slipped 1.2 percent between Friday, May 17, and Friday, May 24 -- its third straight weekly decline. Perhaps...
Earnings season ended on a weak note as major companies like Deere (DE) and Lowe's (LOW) suffered historic drops. LOW struggled with higher costs and managerial confusion. Traditional merchandise faced weak pricing at the same time new executives tried to reinvent...
The last week of earnings saw big rallies by old-fashioned retailers. Software companies also beat estimates, but failed to advance. Foot Locker (FL) led the charge by crushing consensus on its top and bottom lines. Same-store sales, a key metric showing the...
Extreme gloom is spreading from technology to retailers. Target (TGT), Lowe's (LOW), TJX (TJX), Kohl's (KSS) and L Brands (LB) are all dropping today. Some missed earnings, others missed on same-store sales. Regardless, investors refused to give any the benefit of the...
Last earnings season was a tough act to follow, but Corporate America is about to give it a try. Per-share profits climbed about 25 percent and revenue rose approximately 10 percent. Both of those gains were the best since the start of the decade. Early indications...
Stocks kept climbing last week as fears of a trade war morphed into fear of missing out. The S&P 500 rose 0.85 percent between Friday, September 14, and Friday, September 21. It was the tenth gain in the last 12 weeks, and keeps the index on pace for its sixth...